The_Unwind
Short

BEAR MARKET RALLYS END LIKE THIS...

SPCFD:SPX   S&P 500 Index
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Bear Market Rallies simply fool the majority.
Even the very sharpest in the business fail to grasp
the trap they are walking into.
They simple don't see it coming.
The Decline underway has the immediate potential
to return the market to the lows of this fall.
Rather than explaining why....I'll just let market do the talking.

THE_UNWIND
12/4/18 200PM
NEW YORK

Comments

I absolutely agree! I think about death cross here too:
+1 Reply
nice
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The DEATH CROSS is coming soon...
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kardia gvoommen
@gvoommen, fear mongering nonsense.
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@kardia, Here's some context for you. This bull market has been one of the longest on record--a bear is overdue. Given that, look at how much time has been spent UNDER the 200 day MA the last few months (which is what the death cross measures). We've broken back over the 200 day MA three times since October only to fall right back below in a few days. So we're looking at an old bull with no ability to hold over the 200 day. Leadership stocks are already in bear markets, down 20% or more (AAPL is down 24%, NFLX is down 35%, FB is down 37% and dead cat bouncing off 52 week lows). There is no leadership.

This market is done--a death cross is coming soon. A lot of younger traders have never even seen a bear market, but that won't stop the bear from coming.
+2 Reply
kardia MystryBox
@MystryBox, I have learned not to rely so heavily on moving averages. They are lagging and deceptive. All it will take the crush the bear is one large financial institution to pour their massive resources into this market. When that happens (and it will), others will follow out of fear of being left behind. This could happen any time from now. Then you will see a bull market like you have never seen before! This is just the beginning. Don't believe the FUD. It's all a facade, thrust upon the market to drive prices down so bigger players who missed the first run can have another chance to buy in much cheaper prices before this thing takes off. A time will come when we will not see prices like this again. A lot of people are going to be sorry they didn't take this market seriously.
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kardia kardia
@kardia, hahaha just realized this isn't a Bitcoin thread. I'm off topic.
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Lol, oops!
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gvoommen kardia
@kardia, the market will go lower in a few days. We will see who is right and wrong.
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kardia gvoommen
@gvoommen, I stated I was off-topic, if you haven't noticed. As for global financial crises, I have no doubt things are going to get bad in the near future. It's mostly the result of corrupt leadership, incompetence, and greed.
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