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
Not a vertical down move.
Likely to have a number of sideways days before a fullblown downtrend starts. Give it some time to get ripe on the tree.
 
KCalhoun said:
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
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KCalhoun said:
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
More...

Your posts are great topics, i wish more sponsors contribute like you here
 
Classic mean reversion S&P action... big move down yesterday, 50% bounce gap up today followed by downside continuation. Key is 3k support.

Made winning trades in TVIX and other inverses today
 
Last edited:
Changed my earlier vote from consolidation to crash. Why are votes not public? Anyway "crash" is kinda a stronger descriptor than what I would use for what I think soon might take place.
 
Clubber Lang said:
Yes, The market is overvalued.
Yes, it’s been overvalued
Yes, it will continue to be overvalued as long as the Fed continues to expand its balance sheet.
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The bears were coming this year regardless, COVID just helped accelerate their voyage.

Is there more low to go? I'm hedging my bets, continuing to take profits where I can.
 
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