It is the same kind psychological feeling when market is running in the extreme
at 667, bear still wants much lower, at 21xx, bull still wants much higher
No one knows for sure what will happen to the market next month next year, But, it is very clear, this Fed induced stock bull market will fizzle out badly.
'A few' E-woofers say SPX is in wave 3, after down wave 4, we will see blah blah blah ATH wave 5. This melody has been out there for quite a while, very ‘loud’. Let me 'jinx' it, How about a wave 5 Truncation?
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