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daniel039209
We just had a huge rally from Fridays lows. What could possibly cause us to fall back down 3-4-4.2 % ? It seems like “a bottom “ maybe not “thee bottom” has occurred. Other Big cycle dates : Nov20th and again Dec 18-19 Market rallies this hard only when it gets too oversold or “ underpriced”. Despite ndx/dji ratio. Also, I’m not a FOREX trader but if Peter saying “ US Dollar at high “ well, that’s VERY bullish for stocks of it starts to fall. Can’t believe he missed that point from last October high on US dollar.( stocks did increase 19-36% after that date )
as Jack commented on Fridays projections of " down 30-45-50%" after a fairly large decline, "old habits" were back in play. It doesnt ever seem to matter UNTIL market has moved 2-3% to "allow" for a little more, BUT MAYBE a whole lot more, UNTIL we precipitously fall the forementioned projections"30-45-50%". There is little situational awareness from the cycle projections. Doesnt matter the day/the level/the oversold situation. Just down, down until there is a again, 3-4+% rally , then ,allowances for "a little more, or TURN DOWN NOW' is repeated throughout this whole cycle. 4% move is a HUGE move, because individual stocks move 8-10%. I guess if one is bearish, after last 4 days rip, you can make more when they collapse to ? 8000 or 6000 on the COMPX?
daniel039209
brian1469 said:
We got much bigger upper projections overnight on the 27 and 30 minute. Have not gotten them yet on the 65 minute yet so not completely sold on it
This is the area the reverse should happen if it does I believe. Most FED days have been 2 day pumps and then reversals this year.
The Wicked Witch of the West Yellen pumping markets is going to be hard for the bears to beat.
Dang it. I Was waiting for Nov 2 to short, historically last 2 days Oct first 2 Nov when market has been trending like this year, but man, it feels if we get a pullback it would be super shallow. Even if AAPL is terrible. And if its better than the fears, i guess more upside.. EWveryone got super bearish into last weeks action, everyone posting H &S on NVDA. The traps to downside are always the same,it seems like. Prices fall, retail sells, adn then only when higher, turns around and buys. my new phrase is having 'situational awareness'.
daniel039209
kwmurphy2939 said:
The problem is you only see the market through bearish glasses. When we failed by 3 points last friday to close below the signal line and then rallied above the continuum, failing to break it, you assumed we would. Now we have a large rally underway. You're anticipating what you would like the market to do, instead of reading what it is saying.
TRUTH!
jackwaterman224588
SPX gaped up 200DMA and 20DMA, 50DMA is at 4347. Again Market God isn't happy with Nasdaq Going to 4K. isn't it better to look what's coming soon?
Most likely too many shorts looking for a Crash. Now being taken to wood shed. When ever Peter looks at very big down. Market goes Opposite.
This is what I Call Bearmarket rally. Shorts get burned then rally will end.
daniel039209
I’m traveling , is Peter doing a special update ? This has to be one of the biggest moves in 6-7 months -the last 3.5 days. I’m not sure if I’m ready for “projections nailed the move up “ conclusion. Will be a little confused by that logic
XXSPOWER127
daniel039209 said:
I’m traveling , is Peter doing a special update ? This has to be one of the biggest moves in 6-7 months -the last 3.5 days. I’m not sure if I’m ready for “projections nailed the move up “ conclusion. Will be a little confused by that logic
LMAO
the bear suit will always be on if you watch Peter over the years
PERMA BEARS have one tune.. DOOM AND GLOOM and SUBSTANTIAL DOWN MOVE TO 4000 ON THE /NQ
nahhh dont think so
U have to look at other metrics now and then
LIKE
/NYMO
/SPXA200R
shows such oversold last week - he wanted death and destruction = the /YM RALLY 1350 THIS WEEK !
XXSPOWER127
/NQ 15000 WHAT / 4330 HEADING TO 4400 EVEN THE DUMB PANDA ON TWITTER SAYS BOTTOM IS IN LOL
XXSPOWER127
brian1469 said:
Wow the liquidity bomb was dropped by the government.
The last time they did it on the march lows we had the AI bubble
Looks like we could have a record santa rally this year from it.
The 24 on the daily's has good shot after tomorrow to give us a pretty big upper projection.
We should get the 7/8 today but we might already be in it
We have met all upper projections on the 27,30, and 65 minute charts but they last one goes all the way up to the 4420's. So they still have room to run. But I think they need a pull back here to readjust
Wow the liquidity bomb was dropped by the government.
The last time they did it on the march lows we had the AI bubble
Looks like we could have a record santa rally this year from it.
The 24 on the daily's has good shot after tomorrow to give us a pretty big upper projection.
We should get the 7/8 today but we might already be in it
We have met all upper projections on the 27,30, and 65 minute charts but they last one goes all the way up to the 4420's. So they still have room to run. But I think they need a pull back here to readjust
X good to see you come out of your bunker. I think we can get to the 7/8 as it is the top of the other short ranges. 24 is still close in that range also
I still see a pullback with AAPL getting hit good now in the after hours.
I think also think Volatility could swing right back if Hezbollah starts their war overnight with Isreal. If that happens we could be back towards the lows again next week. Most likely would just be a double bottom though is my thinking.
This was still just a liquidity bomb in my eyes and I can't tell if we have the market to make it run like over the spring -summer
Yeah well
I will post more once " SEASONALITY " LONGS are in favor
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We just had a huge rally from Fridays lows. What could possibly cause us to fall back down 3-4-4.2 % ? It seems like “a bottom “ maybe not “thee bottom” has occurred. Other Big cycle dates : Nov20th and again Dec 18-19 Market rallies this hard only when it gets too oversold or “ underpriced”. Despite ndx/dji ratio. Also, I’m not a FOREX trader but if Peter saying “ US Dollar at high “ well, that’s VERY bullish for stocks of it starts to fall. Can’t believe he missed that point from last October high on US dollar.( stocks did increase 19-36% after that date )
careful shorting this when there is a big bullish divergence in market breadth under the surface, as evidenced by the higher low in stocks above 50day. https://twitter.com/305CHARTING/status/1719874099575431292/photo/1
as Jack commented on Fridays projections of " down 30-45-50%" after a fairly large decline, "old habits" were back in play. It doesnt ever seem to matter UNTIL market has moved 2-3% to "allow" for a little more, BUT MAYBE a whole lot more, UNTIL we precipitously fall the forementioned projections"30-45-50%". There is little situational awareness from the cycle projections. Doesnt matter the day/the level/the oversold situation. Just down, down until there is a again, 3-4+% rally , then ,allowances for "a little more, or TURN DOWN NOW' is repeated throughout this whole cycle. 4% move is a HUGE move, because individual stocks move 8-10%. I guess if one is bearish, after last 4 days rip, you can make more when they collapse to ? 8000 or 6000 on the COMPX?
Dang it. I Was waiting for Nov 2 to short, historically last 2 days Oct first 2 Nov when market has been trending like this year, but man, it feels if we get a pullback it would be super shallow. Even if AAPL is terrible. And if its better than the fears, i guess more upside.. EWveryone got super bearish into last weeks action, everyone posting H &S on NVDA. The traps to downside are always the same,it seems like. Prices fall, retail sells, adn then only when higher, turns around and buys. my new phrase is having 'situational awareness'.
TRUTH!
SPX gaped up 200DMA and 20DMA, 50DMA is at 4347. Again Market God isn't happy with Nasdaq Going to 4K. isn't it better to look what's coming soon? Most likely too many shorts looking for a Crash. Now being taken to wood shed. When ever Peter looks at very big down. Market goes Opposite.
This is what I Call Bearmarket rally. Shorts get burned then rally will end.
I’m traveling , is Peter doing a special update ? This has to be one of the biggest moves in 6-7 months -the last 3.5 days. I’m not sure if I’m ready for “projections nailed the move up “ conclusion. Will be a little confused by that logic
LMAO the bear suit will always be on if you watch Peter over the years PERMA BEARS have one tune.. DOOM AND GLOOM and SUBSTANTIAL DOWN MOVE TO 4000 ON THE /NQ nahhh dont think so
U have to look at other metrics now and then LIKE
/NYMO /SPXA200R
shows such oversold last week - he wanted death and destruction = the /YM RALLY 1350 THIS WEEK !
/NQ 15000 WHAT / 4330 HEADING TO 4400 EVEN THE DUMB PANDA ON TWITTER SAYS BOTTOM IS IN LOL
7-8 HIGHER 24 PRELIM HIGHER /YM HIGHER /RTY HIGHER QQQ HIGHER UVXY LOWERR VXX LOWER
Yeah well I will post more once " SEASONALITY " LONGS are in favor
its very soon
CAN U FEEL IT
ITS IN THE AIR
LIKE FILL A LONG COLLINS
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