Vote: Crash, Consolidation or Pullback coming?

What's next for market direction?

  • CRASH

    Votes: 19 44.2%
  • Consolidation

    Votes: 7 16.3%
  • Pullback them up

    Votes: 17 39.5%

  • Total voters
    43
What are your thoughts? I still expect a crash of epic scale, losing March lows. But I've been wrong about that earlier.

Don't predict, react.... still, what do you think is about to happen!?


Hint today for the first time in months I started transferring additional $ into my trading account
KCalhoun,

I am not sure why you think a market crash is coming.

The S&P 500 daily/weekly index is CLEARLY in a Bull Trend. There is NOTHING on the chart that indicates Bear Market.

There are Millions of people and Millions of Dollars on the sidelines just like you, waiting to get back in.

Keep it Simple. The trend is your friend
 
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Your posts are great topics, i wish more sponsors contribute like you here
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Except, those voting does not matter. No retail trader can drive shares up or down on any given day. Maybe, the penny stocks who are low float? You are a sardine swimming in an ocean filled with sharks (hedge funds, mutual funds, brokers, banks). Guess, who is going to win, each and every time?
 
I tend to think that although earnings will be absolutely terrible, there has to be some other catalyst for a crash. Second wave, population debt, housing, etc. and we're not seeing it quite yet though there are rumblings. In the absence of that we could be in a range (albeit much lower than where we are now) for a few months
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SDOW made a good upmove for daytraders;
except for rioters catching virus/surprise/surprise, there was no first wave of deaths except ny, NJ , Italy.
Fake news will most likely hid virus/rioters death + pump fake news scare on trump rally/LOL[not laughing a rioters death, but fake news]………………………………………………………….
 
What are your thoughts? I still expect a crash of epic scale, losing March lows. But I've been wrong about that earlier.

Don't predict, react.... still, what do you think is about to happen!?


Hint today for the first time in months I started transferring additional $ into my trading account

Several weeks from now a topping consolidation, then back down to take the March lows by a couple-a-hundred ES points, will be a slower decline, lasting many months. Then an epic rally for 1-2 years, making New All Time Highs...
 
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