It's called "Pop goes the Nasdaq, episode 2.0™" Speaking of which, who still remembers this song from the 80s?
what do you and the lads think about going sideways next week to form a H&S on your chart? ATH with a h&s top, just before a correction? Eyeballing it, it would be inline with the long term trendline from Nov2023 and would break it if the pattern plays out - though I’m looking on my phone so that may slightly off. Speaking of h&s, where has Spooz been?
You're total schizoid for trying to trade it this month during the "rotation". There's a song for that. But, oh, wait a minute, what is your nick? Ahaha! You're a funny guy! Funny in the head, that is. (Because the market itself is total Schizo, Dow up 1000 points in 3 days, then down 1000 point in two days...The Q's up 10 points in a day, then down twice that in 2. WTF! )
It appears @Overnight, in his usual manner, decided to answer your question for me. It's safe to dance again when I'm no longer funny in the head.
I fart in your general direction. You know that what I say about market direction over the past few trading sessions is true.
But since you like to pester everyone about proof, why don't ya provide one yourself, ya fart head. And, looky here, what is this comment below? Oh, it's a written proof from TUESDAY. Do you see where it sez "after today it will go down"? That's right, Mr Nostradamus (without shit to prove), you can take that to the bank. Bwahahaha.