Wall Street’s shouting the Bear be dead !!

this is a bear mkt (aka "suckers"/talking head on tv lol) rally... resistance is 4200, downtrend wont be broken by definition until we get over and stay above that. i call headfake and market drops by next friday... i could be wrong :D

it will imho be end of this year's bear mkt Only if it gets >4200 for >3 days

sp30july.png


perhaps foolishly (or clever like a fox) i bot a few hundred uvxy friday eod in case mkt drops next week... we'll see
uvxy30july.png
 
KCalhoun said:
this is a bear mkt (aka "suckers"/talking head on tv lol) rally... resistance is 4200, downtrend wont be broken by definition until we get over and stay above that. i call headfake and market drops by next friday... i could be wrong :D

it will imho be end of this year's bear mkt Only if it gets >4200 for >3 days

View attachment 290710
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Bear channels are bull flags. Resolution is usually north. Plus it is a wedge bottom from whence price is already headed north. Plus consecutive multiple series of bulls bars off that wedge bottom low. Higher lows. Higher highs. Plus bull gaps off that wedge bottom. Plus tails on bottom of bull bars. Plus 29 bars off that bear bottom. 9 are bears and 20 bar bull bars. More than twice as many bull bars. Buying pressure all around. Likely headed north. Have a good weekend.
 
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Behold my future Home .... compliments to the BEAR market which will drop the price to 20 cents on the dollar. It will then belong to ME.

It is my HOME in a dream from years ago.

Excuse the Indian language... I have to learn it too.


 
Taj Mahal Hotel Fort Aguada, Candolim, Goa, India


When I sat at the round brick wall shown in video for the first time ever with a girl's head in my chest as she snuggled against me and purred and purred and purred and then looked up at me thru' misty eyes and whispered, "this is OUR HOME, baby" I knew right then and there that that would be my trader's life mission, to buy this place for US, our very own and for sure MY VERY OWN. the blood was at peace in my veins and my head was at blissful peace


In 2 years ETA it will belong to me. It will be renamed as a sub-titled, financial Trader Market Haven under the formal title Fort Aguada Hotel and Resort, welcome to Heaven!!!!



The girl's voice that sent a boomerang up thru' my spine when she whispered to me, "this is our HOME, baby"


was in this video, check the girl's voice at 0:43 in video -sent me to Paradise in a heartbeat. :)




 
Plus another look at it from a weekly chart. Tight bull channel. More bull weekly bars than bear weekly bars = buying pressure. 50% PB is a bull flag in form of a daily bear channel. 50% is profit taking from previous tight bull move (blue). Buying is back in likely north for several hundred points. Bears might want to think about this.

CB1B3FA6-22C6-4FED-B63A-C7F805DDB7A4.jpeg
 
KCalhoun said:
this is a bear mkt (aka "suckers"/talking head on tv lol) rally... resistance is 4200, downtrend wont be broken by definition until we get over and stay above that. i call headfake and market drops by next friday... i could be wrong :D

it will imho be end of this year's bear mkt Only if it gets >4200 for >3 days

View attachment 290710

perhaps foolishly (or clever like a fox) i bot a few hundred uvxy friday eod in case mkt drops next week... we'll seeView attachment 290711
More...



Chief,

Resistance is at 4115 (38.2%) & 4136 (50%), then 4182 at the 200-day ema ... waay before 4200. but still all in the ballpark, nothing to fret about.


SPX daily


http://tos.mx/NpP1006
 
volpri said:
Plus another look at it from a weekly chart. Tight bull channel. More bull weekly bars than bear weekly bars = buying pressure. 50% PB is a bull flag in form of a daily bear channel. 50% is profit taking from previous tight bull move (blue). Buying is back in likely north for several hundred points. Bears might want to think about this.

View attachment 290713
More...



Herr Hauptmannschroder,


why stop at weekly? Have your laffffs at ET professionals by switching to the monthly timeframe and then get a magnifying glass to see what these clowns are calling BEAR MARKET BOTTOM IS IN when you can't even see the goddamn Bear market on a magnifying glass, so puny it is


:D:D:D



http://tos.mx/CcH6Aqe
 
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