Overnight, the master of Fundamental Analysis went on and on and on about, "what BEAR market are you talking about? WTF are you smoking?" DEATH shows no mercy to FA guys Behold what's happening to America's ATM ....... HOUSING. Without this they got nothing, no guns and butter, no TVs no cars, no shopping sprees no vacations no nothing And t make matters worse Wave 3 in Housing has begun on Friday XHB Ouch!!! Slotttter of the innocents
Experienced traders that have lived thru decades of upturns and downturns. It's all priced in MG..... let that light come on. btfd!!!!
Russell 2000 leading the charge down but there is a reprieve On the 200-day ema + 61.8% fibo support + additional 23.6% Fibo support. Should count for good sustenance, right? Perhaps, but who knows how sustainable in the face of a Wave 3 onslaught.
They are not experienced traders. They are every single one of them an inexperienced trader. Worse than newbies. Why? Because of their pride in Ignorance and wanton flaunting of it. this is guaranteed to keep them losers for life. For cats such as these to go up against the might Market is akin to this scene below
Yeah but 23AndMe results show Mr Fibonacci and his great father Nostradamus are in the direct bloodline lineage of Grandma VZ.... so there ya go. Re-adjust your lines and btfd.
Post your chart with your target as you call it Here's my chart already posted several times in dow and Q this one for SPX