Study ET? Have done so already, but ongoing and incomplete, will take time. The info posted is correct, have proof, live proof, so live, its live to the nth Have read many of your posts too. You have 12,000 (approx.) posts. The ratio of posts to live trades appears to be Infinity (zero in denominator) thus far as over time I’ll read more of your stuff. But you are a gentleman. I’ll leave it at that.
I’m full time in final year MBA. No day time job, no time to work regular jobs. Trading pays for it all over and above scholarship.
Futile? Nobody knows? Yes for the billions masses. But ET has no excuse. Just like 1929, 1972, 2000, 2007 all those bull markets named by op will end only when SPX, Dow, Trans, Nas100 break their 200-day definitively. Nothing else matters. KISS! Data overdrive kills quick. Put another way, nothing bad is going to happen even if rates go to 5% as long as the 4 Indices named stay above 200-day. KISS!
And FYI hope everyone at this site has observed that the Indices have been dancing and prancing on the 200-day for months now. Bobbing up and down! But no Breakdown yet! Break that level decisively and B of A and Citi will be first applicants for bailout. Amex too. AGAIN!
op says financial conditions are still too easy. Yeah, they are BOOMING! (hello! what does that mean? Get out of the Water! Big wave preps should have been underway slresdy) Warren is no technician but he said, “be wary when rveryone else is euphoric” https://www.bloomberg.com/amp/view/...rowth-isn-t-translating-into-bigger-paychecks