This is looking like a BEAR market

From what I have experienced. Greed is slow and long term but Fear is short term but more powerful like a hurricane. It destroys what Greed has built in a long term
 
SunTrader said:
Index Highs for the year are likely in.
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So you are saying that the year will be red for the markets for 2022, since the highs were in on Jan 3rd, first trading day of the year basically. That's a depressing thought
 
Overnight said:
So you are saying that the year will be red for the markets for 2022, since the highs were in on Jan 3rd, first trading day of the year basically. That's a depressing thought
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As I said likely, although that is just my opinion of course. Based on macro events - most importantly what The Fed does and how the street takes it.
 
SunTrader said:
As I said likely, although that is just my opinion of course. Based on macro events - most importantly what The Fed does and how the street takes it.
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It would be a curious statistic. Has any index ever had the high be the first trading day of the year, and that level was not breached for the rest of the year?
 
I'd expect selling near term, then aths resume by summer

Up and down price action so I buy weakness sell strength, eg rebought inverses aftermkt anticipating pivot tomorrow or wed.

Powell jibberjabber wed may shake things up. Vix wow today

UVXY + this much aftermkt is bearish

https://www.cnbc.com/quotes/UVXY
 
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