$SPX $SPY $QQQ $IWM If this is the market being flirty with its pimp, the 50sma, then EOY seasonality is still intact.

If not, then the next 5-10 trading sessions could be dramatic, lol, because its daddy, the 200sma, is a long way away.

I'll be very careful here.

$SPX $SPY $QQQ $IWM

If this is a typical draw-down, then today's long entry (Nov. 6) by those who like to catch the falling knife *could* be a good one.

In speculating, *nothing* is guaranteed.
Time will tell. Obviously, duh.

$SPX $SPY $QQQ $IWM Market's overbought, obviously, lol

a) normal/healthy to have pullbacks
b) frequently overbought = strong market

$SPX $SPY $QQQ $IWM

Caved Wednesday or Blinked Wednesday, lol
Did the Bond Market make him tap out? I think so

Reminder: Today's massive upswing *and* the previous downswing (that was 2-3 times bigger) were MANUFACTURED by one person, smh

So, be wary and be careful

$SPX $SPY $QQQ $IWM I'm seeing a lot of people strictly using/relying on Technical Analysis now (and in the last few weeks), smh, lol

Just a reminder (from my last post):

Currently, the market is *reacting* to news/policies
Thus, technical analysis tools are less (or possibly not) relevant here

$SPX $SPY $QQQ $IWM is this market is similar to late 2018? Is this the bounce? I think so

Healthier/friendlier trading environment is when the market is *anticipating*

Currently, the market is *reacting* to news/policies. Thus, technical analysis tools are less relevant here

$SPX $SPY $QQQ $IWM as speculated in my post yesterday, I did a couple BUY signals today, with more to come if this continues.

Worst Case = only a small up move or side-way, then another leg down.

$SPX $SPY $QQQ $IWM Market's oversold (a condition, not a buy signal). I will likely get BUY signal(s) in the next few sessions.

A shout out to today's *early* buyers...*could* be good!!!

$SPX $SPY $QQQ $IWM Looks like we have selling exhaustion today...aka BUY signal.

Worst Case = little to no follow through...similar to 12/19/24 and 1/2/25...not helping the swing traders at all, smh, lol

My "Worst Case" (12/9 post) happened = market only moved sideways, then another leg down on $SPX, $QQQ, $IWM

Market flushed today...ironically to my liking (I'm demented, lol)...next couple days will be very interesting...with OPEX on Friday, too

IMO, $IWM is behaving accordingly. Whereas $SPX and $NDX, $QQQ are not (and have not been correlated in December).

$VIX says the market is closer to a top than a bottom.

But I like $SPX at this level (since last week...my 12/9 post).
Is anyone buying this week?

$SPX, $SPY, $QQQ, $IWM
History doesn't repeat itself, but it often rhymes.

I'm feeling *extra* uneasy...like the market is just grinding away (with little to no bullish momentum left)...similar to the last couple months of 2021...hoping I'm wrong, ofc.

$SPX, $SPY, $QQQ, $IWM It feels like the Market is about to have another leg up...as in, a continuation of the current leg up.

Congrats to today's buyers...*could* be good

Worst Case = Market will only move sideways...then a leg down, lol

$SPX, $SPY, $QQQ, $IWM I feel like the market should be down for the week, but we're net up, lol

Only price pays...so I will only react

$SPX $SPY $QQQ $IWM My analysis = market is in a BUY *zone*, aka oversold (a condition, not a signal).

I likely will get a BUY *signal* in the next 1-2 days if this continues.

Congrats to yesterday/today's (early) buyers...*could* be good!