the top is in

Remember a 4 day sell off and markets become extremely oversold....however a 27 year bull run and markets can never ever ever be overbought!!!!!!

 

..... and finally some green for bears.... go UVXY SQQQ TZA SDOW

 

Here we are again, NQ monthly

 

SPY is at levels of just a month ago.
If we close red today, I would expect a washout on Monday.

 

Crap talk aside, are you still in inverses?

 

Another possible bearish setup, most likely it will be shut down by the FOMC. Cant have a falling market. Can't allow folks to buy at a discount. Its either pay up or stand aside.

Sorry folks, you will have to keep paying overvalued prices if you want into the US markets. This may go down as the bull market that never ended.

 

i don't buy for one f*king second this rotation from value to growth. QQQ up, DOW down = head-fake

 

Sounds like the greater fool theory to me.

 

Seems to me a lot of people on here are ignoring some important aspects of what markets may do. Namely :

1. US stimulus vote ?
2. End of month selling ?
3. The huge gains markets made on Jan 4 and Feb 1.
4. The fact that not all sectors are equal in nature. There is value out there.
Earnings reports in certain sectors have been good ( some game changers ).

I'm not saying what markets will do, and I have purposely avoiding indexes for many months.

 

SPX is up 3% since this thread started. Interpret that as you will, but the call isn't profitable and nothing about the move screams bubble in nature.