iI's been a tough month for the uninitiated, both - Buyers and Sellers.
We saw 4X Negative Divergences form in the Weekly Charts and the rest
is recent History.
Seemingly endless Bullishness at the Highs.
I did not see one YouTube Guru issue a cautionary note, on balance they
were all positive - it was chilling for an old-timer.
_______________________________________________________________
Nature abhors a vacuum.
Wall Street Loves them.
Echo Chambers are what they prey upon.
Spool out a Market Narrative and it spreads like wildfire.
Until the Hook sets - the sharks aren't ready to feast, why bother
chasing down prey when it hooks itself and spins.
Dinner is served - Big Blue style.
_______________________________________________________________
Will we make a Lows soon - a tradeable and profitable one, we're just not
quite there yet. We need a solid confirmation, that will be tough to catch
but is no doubt ahead shortly.
Bottom... for RT, again maybe... we'll see. We are in no rush, as the Gap Fill
trades have been beyond EPIC.
For now, it remains the trend that seemingly will not end... for appearances
sake - Powell was a Dullard, the SELL on Jerry is a given when he's no longer
supplying the Gilligans with Fish.
No.
He's Professor Powell, the wanker, the dude who creates the illusion(s) of
his own disparity, while trading on the Inside.
_______________________________________________________________
The Daily Chart isn't encouraging at present, but with a Friday ahead and
more silliness to follow we ALL need to be on guard for the ALGO Squeeze.
It is coming.
We saw 4X Negative Divergences form in the Weekly Charts and the rest
is recent History.
Seemingly endless Bullishness at the Highs.
I did not see one YouTube Guru issue a cautionary note, on balance they
were all positive - it was chilling for an old-timer.
_______________________________________________________________
Nature abhors a vacuum.
Wall Street Loves them.
Echo Chambers are what they prey upon.
Spool out a Market Narrative and it spreads like wildfire.
Until the Hook sets - the sharks aren't ready to feast, why bother
chasing down prey when it hooks itself and spins.
Dinner is served - Big Blue style.
_______________________________________________________________
Will we make a Lows soon - a tradeable and profitable one, we're just not
quite there yet. We need a solid confirmation, that will be tough to catch
but is no doubt ahead shortly.
Bottom... for RT, again maybe... we'll see. We are in no rush, as the Gap Fill
trades have been beyond EPIC.
For now, it remains the trend that seemingly will not end... for appearances
sake - Powell was a Dullard, the SELL on Jerry is a given when he's no longer
supplying the Gilligans with Fish.
No.
He's Professor Powell, the wanker, the dude who creates the illusion(s) of
his own disparity, while trading on the Inside.
_______________________________________________________________
The Daily Chart isn't encouraging at present, but with a Friday ahead and
more silliness to follow we ALL need to be on guard for the ALGO Squeeze.
It is coming.