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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,047.09
(
-0.31%
)
Post# of 647879
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Makk1

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Makk1

Re: Clockonthewall post# 493560

Tuesday, 03/09/2021 12:11:04 AM

Tuesday, March 09, 2021 12:11:04 AM

Post# of 647879
The thing is- bad catalysts (covid, extreme overvaluations, Huge debts, rates Will need to correct upwards while many people wont be able to afford it) this can all be fine as long as the momentum keeps going up. Money Prints money. But when you see a technical weekly chart weakness of $SPY and have all these big concerns it sets a completely different stage.
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