AI
Thursday, July 13, 2023 9:40:19 AM
"...so it's about "do or die" time for the bears. Trade safe."
http://www.pretzelcharts.com/
"So far, nothing much seems to be going for bears, as every decline is bought like it's still 2020 and the market is expecting massive inflation from all the "stimulus." On Monday, I noted that there was not yet a confirmative impulsive decline, and the market never formed one (and apparently never will again lol).
NYA continues to edge toward its key zone:"
"COMPQ is still in "back-test" territory"
"And SPX is adding that "next wave up." Whether it will end there or if that will only end up being the midpoint on a larger bull(ish) wave remains to be seen:"
"In conclusion, still watching NYA as the most significant of the current hurdles, so it's about "do or die" time for the bears. Trade safe."
http://www.pretzelcharts.com/
"So far, nothing much seems to be going for bears, as every decline is bought like it's still 2020 and the market is expecting massive inflation from all the "stimulus." On Monday, I noted that there was not yet a confirmative impulsive decline, and the market never formed one (and apparently never will again lol).
NYA continues to edge toward its key zone:"
"COMPQ is still in "back-test" territory"
"And SPX is adding that "next wave up." Whether it will end there or if that will only end up being the midpoint on a larger bull(ish) wave remains to be seen:"
"In conclusion, still watching NYA as the most significant of the current hurdles, so it's about "do or die" time for the bears. Trade safe."
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