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.
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To me, the current breath,
$TRAN decisively broke 2018 low... Not a good sign for ...
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.