Insane V again today. It's safe to say this market will never go down. It just can't no matter what. Even with bearish technicals, this market still can't go down.
For some reason I feel that your theory is going to come to a sudden end. That theory of that idea you have that this market just can't go down. Something is brewing as we speak and the brewing is something I don't think you are very much ready for. Let's just say there is a solid downturn coming very soon that will be somewhere in the 8 to 12% !!!! Do not be surprised when it happens because it's going to happen really soon!
We'll see about that. I've notices you've turned bearish, but I'm not seeing that. I would be surprised to see that kind of drop. How does it even happen. Friday wasn't that special and you know most of that will be made up before the Fed. There were several moments on Friday where it looked like it would V, but it didn't quite happen. That's ok, it will happen this week. With just 10 trading day in March, the monthly candle is still up for grabs and we can still easily see QQQ 450-455. NVDA still hasn't had a red week even with the pullback. It's quite unbelievable.
3848382 x 4939292 + 49593849 ÷ 5938273838 + 38593827495938 × 72949593828 - 7 + 90894 × 938592828494 ÷ 8929394959382827 × 9394938272738394948383727273859583838 × 89293949595949 Let's see..... If it's up 78 bucks this week then you'll have an approximate entire Qualcomm added to its market cap in just 5 trading days!!!
1 hour into the week any everything is massively green. Shocker. V from last week, Friday already made.
Did you make at least make $$$,$$$,$$$,$$$ ??? I suppose daily reinvesting of yesterdays gains + fully leveraged + buying every dip = $$$$...... Or are you just eating popcorn, watching TV charts and posting here ?
Yes I am making money, but it's more like half and half. Half money making and half amazement that this type of market continues to exist and most don't realize just how unstoppable the market is. It was back in early 2023 that I noticed something was different about this market. It was different than the way it had traded in the past. Everything was going to pump and the occasional small dips would just be traps. If you've watched the tape/ followed stocks for years you will notice that this market has forever changed. Price discovery is long gone. There was a certain rhythm to the market and that has changed forever. Sure the market always goes up over time, but there was legitimate downturns/volatility. It was not a give that the market would go up all the time. I've followed charts and TA for years. With this new normal market, it doesn't matter if it's bullish or bearish, because it's always going up. Even patterns that would for sure bring this down in the past cannot play out. Even if it looks like it's fading or losing strength, it always gets the magical V recovery. In fact, dips and fake fades fuel this market higher. You can tell the drops are so fake looking that it will never hold.