Has everyone has spotted the

    Blowoff

    Posted by fredsaid on 18th of Apr 2021 at 10:33 pm

    Has everyone has spotted the "SIGNAL".  This article is calling for within a week.  Steve said it should be soon.  Everyone is saying it's not sustainable.  I am short via VXX and SPXU stock ... so why do I get the feeling I'm about to be slaughtered ?  I am also long Gold, Crypto and MARA.  The last time I got this feeling about a month ago I posted that the PAIN trade was just to move higher and screw all the bears and that's what we got.  Now we have more longer term indicators saying time to get real.  Everyone wants this pull back so we can buy it but will we get it with earnings season in full gear ???  I REALLYHOPE SO.  Good luck to all !

    I don't think it says

    Posted by kevindeng0727 on 19th of Apr 2021 at 08:37 am

    I don't think it says a week. Depends on which scenario plays out - the 207-2018 melt up lasted a few months

    Yes but we've overrun resistance

    Posted by fredsaid on 19th of Apr 2021 at 09:18 am

    Yes but we've overrun resistance which happened twice since last May and each resulted in a reset within a week.

    Just my observation (based upon

    Posted by RichieD on 19th of Apr 2021 at 07:06 am

    Just my observation (based upon anecdotal not technical evidence): majority of people with $$$ in the market ("everyone" as is so commonly referred to) are NOT expecting or calling for a serious correction or market crash; rather, they remain extremely complacent.  Overwhelming majority remain at or near fully invested (in retirement accounts +).  Yes, traders are nervous, and rightfully so based upon technicals, but they (we) make up a small % of total market participation.    

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