The only reason why the markets reversed in all of those occasions was because of fed intervention. It's a very known fact that when you print trillions and trillions of dollars you can save any market that's collapsing.. that's what those free printed trillions did. It bailed the markets out of turmoil. Without the fed assisting in every one of these downfalls equities would still be at financial crisis lows...
Its not so much of a bear market that is the current issue. We prolly shouldnt even be in a bear market (we only needed to pop the Chip bubble that Biden created and re-price some of the covid massively overpriced meme stocks). Rather, its a matter of the Orange Clown running his mouth again and again and again (which is guaranteed). There is very little clarity in the markets but there is one very consistent variable..that the Orange Clown will run his mouth again and 'Tank'' The markets. There is a good V from yesterday. But..will the Orange Clown have the capacity to stay quiet and let things begin to recover.. Absolutely NOT Yes..India might be a W. Elon spending less Time at the Whitehouse might be an W. Trump knocking Schwab outta the WEF davo was certainly a huge W. And the market is responding very positively. The Orange Clown has taken some serious Ls. That Tesla Earnings report was a HUGE-> L. China becoming an L, Ukraine becoming an L, Iran becoming an L, Fed becoming an L. The Orange Clown needed India very very badly. But we still have many Ls to follow. 4 years of Ls. Stay thirsty my friends
I will make an account here: L -Shape 0DTE And this will be dedicated to each day that the Orange Clown starts running his mouth just as a nice V-Shape starts to develop.
Because it's all fake anyways. The orange man changes his mind and tweets something and boom the V happens so fast. This market is always literal perfection. Even if GDP drops, they will tell us how it's temporary and the dip will get bought and the GDP will magically recover like always. Point is nothing is real. It's all a simulation like the matrix and none of this stuff matters. It can change on a whim. Emotion and large money controls this thing. The biggest shock to some will be when APRIL ends green for the QQQ. It's going to happen.
Told you China would win the trade war . Look at him stepping back. Hahahaha. Trump also said he’s willing to take a less confrontational approach to trade talks with China, noting that the current 145% tariff on Chinese imports is “very high, and it won’t be that high. ... No, it won’t be anywhere near that high. It’ll come down substantially. But it won’t be zero.”
Nice pop at the open, all the way up to the top of the range. I'm out with beer money, for my service of having the stones to hold overnight!
Hope all are enjoying the ri$$$$$$k free monies. Not a penny of ri$$$$$$$$$$k The main reason I dint want to trade the ES was cos of all the shitty news pushing it around. Early in trading I was taught the lesson that to survive, you have to be ready to change direction in a heartbeat. It has served me well. The next monthly ES high is on the 29th, ± 1. Any longs trapped before this date will get their balls squeezed I will be trading this with max firepower after seeing confirmation on my chart
Whats your prediction on the ES?? Anyone who bought Monday and not taking profits after a nearly 6% rip higher is a fool.
ES may hit 5550-5580 today. These days, I feel like the risk is shifted towards the long side. Maybe there was a time it was different. Just look at the two largest moves by far on this down turn. Each to the upside and each incredibly fast. Like the market crashing to the upside.
The market was mostly just looking for Trump to Fold and back down. He has done that each time the market went deep red. Its not brain science. When he ''Floated the idea of a 90 pause on all tariffs''..that was the key. He backed away..then the very next day instituted a full 90 day freeze..lol Thats the behavior of a very unstable man. But, that was what the market wanted..To see Trump fold, back down. And he's been backing down ever since. Like fighting Tyson Fury...getting beaten at every corner..Eye swollen. China seems to have thrown the Knock Out punch