Posted by kevindeng0727 on 9th of Mar 2020 at 04:36 pm
To me, the current breath, indices/sectors below 200SMA and $VIX
are more than enough to suggest a bear market until proven
otherwise lol...
Those big degree elliott wave cycles (e.g. grand supercycle) and
secular bull market theories are fun, and maybe correct eventually.
But that's not for trading or even investing lol... for example, we
can go all the way back to retest 1500+ to challenge the current
secular bull market.
Posted by vinylchild on 9th of Mar 2020 at 04:02 pm
That would be potentially one for the record books, maybe
futures traders will tire of selling and we can open close the
closing price and start a base.
$TRAN decisively broke 2018 low...
Posted by kevindeng0727 on 9th of Mar 2020 at 03:42 pm
$TRAN decisively broke 2018 low... Not a good sign for the 11 year old bull market
yeah I think most technicians
Posted by matt on 9th of Mar 2020 at 03:49 pm
yeah I think most technicians have given up that by that we are still in a bull market
To me, the current breath,
Posted by kevindeng0727 on 9th of Mar 2020 at 04:36 pm
To me, the current breath, indices/sectors below 200SMA and $VIX are more than enough to suggest a bear market until proven otherwise lol...
Those big degree elliott wave cycles (e.g. grand supercycle) and secular bull market theories are fun, and maybe correct eventually. But that's not for trading or even investing lol... for example, we can go all the way back to retest 1500+ to challenge the current secular bull market.
Maybe we can get a
Posted by matt on 9th of Mar 2020 at 03:57 pm
Maybe we can get a Turn around Tuesday tomorrow LOL.
SPX 200 week MA only
Posted by pmahoney on 9th of Mar 2020 at 05:31 pm
SPX 200 week MA only 106 points below. Maybe a red to green move tomorrow off that 200 W MA?
That would be potentially one
Posted by vinylchild on 9th of Mar 2020 at 04:02 pm
That would be potentially one for the record books, maybe futures traders will tire of selling and we can open close the closing price and start a base.
would be nice .... we
Posted by mla127 on 9th of Mar 2020 at 03:59 pm
would be nice .... we are more into the smack-down Monday these days ...