This seems like delusion as it's marked several higher highs/lows on daily since 3/5.. unless you have psychic powers - maybe you do
I'm not sure why you had my quote bundled in there, but this is all I go by seeing bear flip to bull ... Every trader has to decide for himself in advance how he will define and characterize market behavior. But B1 seems to make up new definitions for commonly accepted words. Up means down, bear means bull, etc.
No... it will go much higher in 2020, thats why right now we are going to enter a consolidation phase. We'll get some nice range, maybe even 150 points (down) and near here on the top... but we are not getting a bear market B1. Those December lows will hold barring a geopolitical event of consequence. You can't bury your head in a friggin monitor... look at the price of oil. Things are just fine. Now if you define "bear" by 100-200 point drop, then yes, you will more than likely have your bear at some point in 2019... but the textbook definition.... uh-uh. It ain't happenin' bro.
Was hoping to see a breakdown here to trap all the shorts before going to new highs at days end and gapping up monday.
I'll be closing this biatch soon ... make me wait around all flippin' day ... had I known I have closed this morning. But we never really know, do we? limit order is 7608.50 or +25 points or +$500/per which is not too shabby if I get it