We are right at a triple top. Will the SP500 cleanly breakout above the top, or will it fail? [SP500, 1 Year, Daily Candles]
You're right about the top - but the bigger and much more important story IMO has been the long term trendline bottom we've had in place for ten years now. I've found that when you're analyzing trend the longer time frames are your friend. (and btw, oscillators like the RSI [and wave counts] have been Armageddon for the past ten years, too) How many false exhaustion Elliot Waves have there been the past ten years ? How many false overbought oscillators ?
A few hours ago this idiot NQeer posted in that he said "the last few months bull market uptrend has been so obvious." But of course the last few months his boyfriend B1S2 has been making short calls every second day over this period and NQueer has been liking them one after another. Strange how this loser guy wants to puff himself up on the internet while trying to call you out.
Poor Mickey, he just too stupid to keep up. Mickey the trading king ... I challenged him to a trading contest and his response was to put me on ignore lol he actually went so far as to block me ... what a fraud If ET causes you to act out, you might want to rethink your mental health.
OP is barely hanging onto his trade, two points from his stop. Seems like a lot of trouble trying to make 10%.
Go ahead Mickey, take him up on a trading show down. Show him your stuff...ugh not that stuff, your trading prowess.