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If you look at it like this kind of seems like it should go down next: https://pbs.twimg.com/media/FmYVEHvX0AgkjIA?format=png&name=medium Three options in my view Goes down Breaks up above trend but is false break and then goes down Goes up breaks trend and moves up significantly Option 2 is most l...

Whatever warning, lots of people will remain in the market. This from daily chart report Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). The US Dollar Index ($DXY) dropped 1% to a fresh 7-month low today. More importantly, it closed firmly below $104, which represents the form...

Thursday, January 12th, 2023 I would caution everybody to be extremely careful about investing in the stock market. The graph below says that we're still waiting for a panic -- also known as a capitulation -- and a subsequent crash, as in 1928-32. Agreed. Short term trading only with tight stop los...

richard5za wrote: ↑

Thu Jan 12, 2023 9:48 am

Inflation as expected at 6.5%
My gut told me it would be lower than expected but I was wrong
Food at 10.4% remains high!

Bit of market turbulence right now so whether its an up day or down day remains to be seen. I am guessing up to abobe 4000

Inflation as expected at 6.5%
My gut told me it would be lower than expected but I was wrong
Food at 10.4% remains high!

I covered shorts on this 15 point dip. I'm leaning toward the market being in a holding pattern until Thursday at which point I will be a little more inclined to hold shorts longer on a move lower. I'm starting to short again around 3950. Very slowly. I will be doing less than 2 days ago on this se...

I suspect that the CPI figure tomorrow will be lower that expectation:

The dollar (DXY) has a bearish feel
Gold has a bullish feel

And this tweet is apparantley from JP Morgan
https://twitter.com/AndrewHiesinger/sta ... F66PPesVPA

I agree as the carnage of working class now being crushing as productivity divided annually to absorb the current global usury charges. Like a can that meets a vacuum in plain sight. Early but game on. https://www.advisorperspectives.com/dshort/updates/2023/01/04/regression-to-trend-115-above-trend...

Cool Breeze wrote: ↑

Fri Jan 06, 2023 10:49 pm

The Friday buying to try to scare us!

Cool, have you got significant skin in the game? Or are you just on the sidelines throwing out comments?

I didn't get scared yesterday and shorted again, not buying this "santa rally" nonsense, which didn't really even happen anyway. The first week or two in January will be a bloodbath. Act accordingly. A little caution might be in order, Cool. This market could be very volatile and might not follow t...