Someting to think about…….. the s&P 500 top in february may have come as a surprise for lots of folks, but some people,  (that would be the top shots, big money and the guys who make the things happen that they want…..) knew already  in january that Gilead and not Pfizer is in possession of a medicament (Remdesevir) which could be effective against corona.

1929 …….. a chart for the goldbugs….

Two different views...

MES 15 MIn    and NQ 15 Min

For the moment nasdaq is the one that leads direction……  today up again?

ES....decision shhould come soon,

Maybe another push up for completion of the ending diagonal?

PINS    bought the breakout, got stopped out when loosing the lower line….what a bitch

ES double support held. Maybe another thrust up?

very good news...futures up big   ???

MJ....Pot stocks….. not really a trigger yet , but 9 and 20 MA seems to be resistance and 50 MA support. Could go either way but the relative weekness in recent days compared to market could make this one a nice short here?

Did I miss something or there has not been postet a follow up to the SPY short which should be closed when the SPY is going to close unter the 10 EMA on the daily? 

This trade is still open, right?

VIX is rising since the market Opening. And touched also the BB's. Maybe this move in Shares is not sustainable?

NGD: no breakout so far… but if it goes then should have lots of energy

Hourly Chart of the Dow.  It seems that some Trendlines are broken. 9 and 20 EMA are lost and actually at about 24670. Maybe a bounce there and then down again?

it's a slow day, so I suppose I am allowed to ask a question. According to BPT we are in a bear market, Maybe at the end of wave a and Maybe already in wave b up. It seems to me that in a couple of month the c low will be in and then a new impulsive wave up will start with new highs in the years to come.

Is it possible that this is a bigger top and we will have a deeper and longer correction, so the wave counting would not be a corrective a b c but an impulsive 1 2 3 4 5 down?

thanks and Happy New Year

237$ in pre market. I would short if Shares available….. my broker hasn't any.

First: Spread ist quite wide (actual 10 to 15 Cents) and not with 1 Cents jumps but 5 Cents.

Second: Are you sure that stop is 54.76 and not 55.76?

Isn't there a mistake in the viedo? DRNA target should be 1 buck higher in my opinion.

Kryptos down, metals down, stocks down, commodities down, bonds down..... one might think that something has to rise when everything else is down....

matt, is this a rule only for stock market inidices? There are several chart examples when price just drop after going almost vertical. Silver in 2011 or..... Bitcoin in december (see chart gbtc).  Of course there is a bounce around the MA's and price is waiting for a proper MA-configuration before falling further.  To me it seems that stock indices are quite vertical, so why not fall now 10 or 15 % with a shallow recovery/going sideways for a couple of weeks for a nice MA-configuration and after that more selling?

That would mean the bear market starts now and we won't see those Levels for many years to come....

So my question: Why are you so confident that stock markets will make new highs? Are the charts not vertical enough yet? is there a missing divergence?

TLT.

 Breakdown  or the FED/the banksters are going to save bonds?

or maybe in a rising wedge only to about 2816 - 2817  and then down?