My definition of a bull market is a market with a weekly/monthly higher low and a high velocity of movement which compresses the dips to under 30 points. 10, 20, 10 MACD of at least 8+ required to reduce market range...
Slow rallies that are not bull markets are kinda dizzying... Like these last couple months.
Who here would prefer a normal high velocity bull market instead of a rising bear market? Me!!!
True bull markets only happen after serious capitulations or crashes though. Since the central bankers decided not to let the market properly correct we can't get a true bull market run sadly...
It's kinda obvious why most hedge funds are down around 10% already this year... Rising bear markets occur once in a blue moon... Going over the charts I don't think I have ever seen anything like this... Ever. The math of the momentum and cycles is downright bizarre especially over this last month... It was pretty influenced by Merkel and Mario at the right times.
Rising bear markets screw with peoples minds because the price action is like a bear market but overall price movement is upward.
Anyway... Just ranting about how id so much prefer a true Bull or a Bear rather than a rising bear as I call this market... Everyone is always on edge and ready to panic at a moments notice because of the low momentum. It's not like the steadily rising price action of a high velocity bull.
Not the kinda market where you can just comfortably hold long positions... And not the kind of market where you can comfortably swing short tops because well... It's rising slowly. LoL!
Btw, there is no weekly higher low by my rules because we needed a weekly higher low after the range break/corrective sequence. Didn't get one.
Slow rallies that are not bull markets are kinda dizzying... Like these last couple months.
Who here would prefer a normal high velocity bull market instead of a rising bear market? Me!!!
True bull markets only happen after serious capitulations or crashes though. Since the central bankers decided not to let the market properly correct we can't get a true bull market run sadly...
It's kinda obvious why most hedge funds are down around 10% already this year... Rising bear markets occur once in a blue moon... Going over the charts I don't think I have ever seen anything like this... Ever. The math of the momentum and cycles is downright bizarre especially over this last month... It was pretty influenced by Merkel and Mario at the right times.
Rising bear markets screw with peoples minds because the price action is like a bear market but overall price movement is upward.
Anyway... Just ranting about how id so much prefer a true Bull or a Bear rather than a rising bear as I call this market... Everyone is always on edge and ready to panic at a moments notice because of the low momentum. It's not like the steadily rising price action of a high velocity bull.
Not the kinda market where you can just comfortably hold long positions... And not the kind of market where you can comfortably swing short tops because well... It's rising slowly. LoL!
Btw, there is no weekly higher low by my rules because we needed a weekly higher low after the range break/corrective sequence. Didn't get one.
