The_Unwind

Technical Plunge Reversed to All Time Highs

TVC:SPX   S&P 500 Index
When bearish chart patterns consistently stop and reverse,
and then break out to all time highs like we saw this week,
In the S+P 500,
you just gotta wonder what is the f.. is going on.

If you can't count on tried and true bearish patterns,
resolving themselves in a bearish way,
then you're toast as a trader, and the probability of losing large amounts of money
is greatly increased.

When bearish patterns continue resolving themselves bullishly, that makes their" bullish impact" almost doubly important.

This bull market continues to confound the shorts and put buying skeptics
by simple mauling them over, and making them pay where it hurts the bears the most.

It just makes you wanna stop this whole madness once and for all.

And perhaps take in a baseball game at night, and have a hot dog with everything on it.
That's about the only thing that might make me feel better..., after a week like this/


THE_UNWIND
Woods of Connecticut
7/23/21




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