this is my ema / env 'model' I can't code yet so it's really just me using my discretion on all of these posts I really just spend hours trying different combinations until it works on all time frames consistently currently teaching myself how to code right now so I started out learning macro & mkt pysch before even trying to be a technician so, about my last post: it happens frequently on some models..... apparently, only time it's happened on mine on that time frame was pre crash
I personally hate trading at times like this...
Markets are efficient; somewhat this many people short, we'll never crash that's a belief I continue to stand by it reminds me of when the wuhan CV news dropped then, double bottom to a new ATH before the crash in feb with that being said: I'm not buying this any more
Also, I hope you guys are paying attention to the South China Sea Tensions are rising everywhere..
All things begin with commodities. The S&P is a byproduct. It's rising in value because the costs of production are increasing. It's simple inflation. The fact that Wall Street has begun trading water futures as a commodity is very telling. We're entering a new age. Scarcity is going to take on a whole new meaning. Just remember from Macro... as commodity prices increase, so does everything downstream. Further evidence may be found in the DXY, currently trading at 89.481. I would not go 'all in', but I would be increasing my investment at the bounce of every 5-10% pullback, or reversion to the 50 SMA. Tight stops will prevent you from losing your shirt. This will, at the very least, preserve your present value, given the eroding effects of inflation. Cheers!
UnknownUnicorn7567260
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@SLOPolarBear I think real rates can still go negative due to foreign tensions rising, leading to another down turn in commodities- I agree that the DXY will determine the future of equity markets as a whole, thanks for the input have a good one!