This might be my last post here for some time, but there is simply ZERO risk in this market. I'm glad you all are seeing how every red is met with an instant V. That is never going away. It can't be more clear that this market is never going down again. There is no safe short entry. You have a very brief window, literally hours before you get your balls cut off by aggressive green. candles. There is never any risk of being long. It will always explode higher really fast. That's all I got. Enjoy this market hitting new ATH over and over and over again. And one last time remember, there is not a thing on this planet that can actually keep this market down. Just not possible.
A short term trade is setting up on the Dow with a triple bottom I'm looking for a S&P high after/at about 11 AM today, after that the entry will be based on technicals.
Too late, stout yeoman. The shorter-term gains have been had on this cycle. If you want to swing much longer? Examine the chart... Nice cycle in the Dow happening over that 6-month view.
That timeframe is very long. The triple bottom on the Dow is on the 4 hr timeframe. The Dow is much weaker compared to the S&P, the breakdown could turn out to be a more profitable trade. Waiting for confirmation, likely to see it after lunch Edit: the trendline happens to coincide with the H4 200ma
Keep propping it up.... I have seen this before in the past. They have done it with Apple. Tesla. Google.and other high flyers. They take the heavy weighted stocks and push out the same headlines over and over to keep the prop job going. This isn't new news but they keep pushing it to keep the markets running....with nvda the spy would be trading under 3500. Nvidia can rally another 30% because of its ‘multi-year lead’ in AI chips, Bank of America says PUBLISHED WED, JUN 5 20249:25 AM EDTUPDATED 37 MIN AGO Samantha Subin @SAMANTHA_SUBIN WATCH LIVE
He broke USA big oil. USA big oil has the Highest barrel production cost in the world. $3.50 per gallon retail is break even. Anything lower than $3.50 per gallon unleaded and we have to start importing oil again Saudi production costs are $39 per barrel. Saudi don't sweat over $70 per barrel oil...lol
Overnight is the biggest loser on this forum. Your right he she it is miserable person, who screams and shouts all day long.
(It is "you're" right, not "your" right, in that context.). Look who pops back up at market highs, after weeks of silence. Right on cue. Dumbass. I just closed a live trade with proof. Can you? No? No surprise. Have a steaming hearty cup of STFU.
Like I said. 100% on point. This maker isn’t stopping. Short and lose money. June is a massive monthly greens candle similar to May. No risk at all. Nothing but up and every tiny dip will get instantly bought. There’s unlimited liquidity. They want to pump every asset to the stratosphere. Why would you ever fight it?