fomc meeting 2 pm est today...gap up or gap down

Discussion in 'Index Futures' started by vincentnyc, Nov 1, 2023.

  1. SunTrader

    SunTrader

    Never actually drop huh?

    How about your fav QQQ, since just the July top 20 times it closed down .... the day after closing down:-

    ! QQQ 2 down closes.png
     
    #11     Nov 1, 2023
  2. %%
    GOOD timing\
    I like closing QQQ prices also, more or less:D:D SPY could not even clear 200dma;
    SPYG+ qqq did+ haVe been nicely/above 200dma.
    SPXU + SDS......... did some good moves today .......
    Best trends are above 50dma also=#12 red drop on your chartLOL:D:D
    Paul Tudor jones maybe right to be concerned about all the US debt\
    i think he does SPY related stuff..........................
     
    #12     Nov 1, 2023
  3. Overnight

    Overnight

    I've figured you out. The only drops you acknowledge are 1929 and 1987. Anything else is going up.

    You refuse to believe that the QQQ and SP just suffered a 10% correction, The fack is wrong with you?
     
    #13     Nov 1, 2023
    ElCubano and murray t turtle like this.
  4. I mean sure, you have a drop of 2 days last week and then boom 4 days later perfect V. It does have an occasionally slip up, but the V is always waiting. How can you possible think the market is dropping when the V is faster than it drops. Sure there's a hiccup or 2, but the easy/ free money is to always buy the dip. This market never really drops. You can't convince me otherwise. Then, why did QQQ go up from 342-357 (and it will hit 360 before the week is over) why can it up 4-5 days in a row, but can never be red more than 2-3 days in a row? This is the single greatest bull market of our lifetime. You will never lose money buying the dip. Eventually it is forced by liquidity and FOMO to go right back up. Any day where QQQ drops by more than $5 is the greatest gift ever.
     
    #14     Nov 2, 2023
  5. Your chart shows that it went straight up from April through August, then it attempted to pullback, but every drop was fought off with the V as hungry dip buyers are always waiting. How can the market actually ever have a real drop, when there's so much money just waiting to take advantage of every dip. Knowing, that it will have to go right back up in a short amount of time. If anything, the chart shows how real the fast V shape recovery is.
     
    #15     Nov 2, 2023
  6. maxinger

    maxinger

    upload_2023-11-2_13-2-5.png
     
    #16     Nov 2, 2023
  7. SunTrader

    SunTrader

    ... exactly opposite of what you claim no red, especially after a red day.

    You look only one way.

    Have fun in your investor delusions.
     
    #17     Nov 2, 2023
    murray t turtle likes this.
  8. $20 rise in 1 week.
     
    #18     Nov 2, 2023
  9. SunTrader

    SunTrader

    And last week there was a $18 drop in 2 days. Point?

    Oh that's right. It rises drops faster.

    Newsflash: almost all markets almost all of the time drop faster. Fear is stronger than greed.
     
    #19     Nov 2, 2023