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nathanjhenry1723
Couldn't SPY just go sideways from here as well and then upside is confirmed tomorrow? Looks like my puts are toast, fml
jshemanski49196
This is a rigged market, in my view. Whenever you get late Friday rallies, it seems that the Monday open is way up as well. We saw the same thing yesterday, and no "cycle projections" can capture this.
howard88
QE is $120 billion a month. They are pumping endless amounts of money into the system. The market goes up.
daniel039209
The problem with cycle projections in a still ongoing UPtrending bull market that can correct 5% like we just did. i think it has happened at least 25 times since 2011. The problem is getting fixed on " NDX projects to 16168, SPX to a 4624 mean" and that is after the past few days with observations that we would rally a bit and peter out.And fail even prior to these levels, we had " secure downside" target the other day. meanwhile, NDX is 16325+, so you had to be quick and cover up 310 this morning!!?? and the SPX is 4686++, we are 1% from THEE highs. Maybe take a look back at the 1995-1996 market, we had lots of pullbacks, some under the 50, maybe even close to 200dma. IT never derailed the market until March of 2000. I dont think there is been given much respect for the up thrust moves since March 2021. my opinion only
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Couldn't SPY just go sideways from here as well and then upside is confirmed tomorrow? Looks like my puts are toast, fml
This is a rigged market, in my view. Whenever you get late Friday rallies, it seems that the Monday open is way up as well. We saw the same thing yesterday, and no "cycle projections" can capture this.
QE is $120 billion a month. They are pumping endless amounts of money into the system. The market goes up.
The problem with cycle projections in a still ongoing UPtrending bull market that can correct 5% like we just did. i think it has happened at least 25 times since 2011. The problem is getting fixed on " NDX projects to 16168, SPX to a 4624 mean" and that is after the past few days with observations that we would rally a bit and peter out.And fail even prior to these levels, we had " secure downside" target the other day. meanwhile, NDX is 16325+, so you had to be quick and cover up 310 this morning!!?? and the SPX is 4686++, we are 1% from THEE highs. Maybe take a look back at the 1995-1996 market, we had lots of pullbacks, some under the 50, maybe even close to 200dma. IT never derailed the market until March of 2000. I dont think there is been given much respect for the up thrust moves since March 2021. my opinion only
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