Let's see where the EliteTrader crowd stands

Feel free to expand on your reasoning, whether it’s macro, sentiment, technical or moon cycle based.

 

Just fyi... correction is normally 10% and bear market is 20%.

 

Recent days is starting to resemble a crash with the largest day down on SPX yesterday since 2020. In 2022 the market went down 27.65 % top to bottom with no down day exceeding 5 %.

I'm sure we'll see at least 20 % down on this leg since what Trump is currently doing marks a huge shift in the world economy and is a big deal from my understanding. As such, this must be more than a mere correction.

Question is if he will stay on course when the markets go down and the common man starts suffering.

 

Yeah, looks more like a crash than a bear.
MAGA is new the pandemics.

Very little to no bear market rallies.
-15/20% for sure.

That's in the short term.
Medium to Long term I'm not bullish neither.

Voted Bear Market -40%
Previous bear (2022) was 30%
But I know Trump likes to break records.

40% sounds like a good # for Mr Drumpf.

 

-30%

The bottom will be in a bit after Congress reclaims trade and tariffs (he'll veto)

 

where is the don't give a flying fuck option?

 

Nobody gives a fk about a "I don't give a fk" option... Try a poll

 

slowly buy the dip
slowly sell the rip
business as usual

 

Long term buyer/hedged ES 2800-3050, reverse from shorts. Can change longer it takes to get there as system uses 9 year cycle.

 

So technically it's bear territory already.