Funny how the stock market works 100% EXALT Y like it did last time.
March 19 stock market drops gets short term oversold from it's 50 sma on the 10 day chart then rallies back to it.
Today the 100% EXACT move again.
Like clockwork.
Conversation
Hoping tomorow brings a good rally... got few cheap weekly call options at the last minute today.....
What are your thoughts on the “rally” continuing? I could see it moving hopefully to 14K (Nasdaq) at some point but that is wishful thinking, of course. At this point, my hope is to break even with a few stocks I went long on that I don’t feel like I should be long on much longer
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You haven’t seen shit yet. The S&P 500 is on a constant loop making higher highs and lower lows. Ascending wedge after ascending wedge. The overall big pattern is a megaphone. We’re going to see a capitulation down 50% then a new market will emerge
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Amazing starting to see the grand picture of things.... question the Russell 2k hit support and bounced.... is this coincidence with major market? Both bounced at their support levels.







