@TradingView, WOW so you support false ideas, or ideas that have high risk to be false and destroy retail,... shame of you tradingview team
Tradersweekly
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@CR35, Why? I agree that in 10 years, we will see indexes at multiples of what they are now. With so much money being supplied to the market over the past two years I do not see how it would not happen. Just look where SPX and NDX were 20 years ago.
Tradersweekly
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@TradingView, @LotusTrading20, @CR35 Here is some technical note if you would be interested in why the market could continue higher.
MPH_
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@Tradersweekly, I easily agree with this BUT the near-term outlook has the potential to be extremely bleak, dependent upon macro and geopolitical issues outcomes. regardless, it is a risk-off environment. in a couple years maybe no issues to worry about and with innovation in every sector possible it will be basically parabolic.
@TradingView, Indeed, eating popcorn and watching.
CR35
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@Tradersweekly look i don't know if you've been living on the Mars, but here on Earth when word "inflation" becomes a common thing discused among retail, its usually at the very end of it. Fed cannot put more money into a circulation to synthetically recover the market. Prices also are ten fold higher of what actuall economy produces. Index prices do not present success of the economy, its just that markets are EXTREMELY overlaveraged. They have never been so laveraged not even in 1929. After last small blow of top (at least on DJI, what will come next will be devestating everywhere. even commodities will have a fall or go sideways, equities will have the biggest sellof in history ... will see.
Tradersweekly
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@CR35, Yes, yes... these are cases lay traders like to make. But I have been hearing the same talk for the past 15 years. Yet, the market continues to march higher. I am not much a fan of doom and gloom talk.