Futures red tonight, ruh ohhhh Im sure they will.magically turn green... Also look at crypto. If this sell off hits hard bitcoin will be sub 75k soon ... Remember a market can be oversold in 2 days but never overbought even after 2 decades
Get ready to buy the dip!, just have to wait a for confirmation that the market has bottomed out. Don't try to catch the falling knife.
That's interesting. If you believe tech stocks are going down, the ES has itself just become NQ lite hasn't it? Seems like long YM & short NQ makes more sense. Unfortunately even the DJ30 has become partially a tech index.
relax nervous grandma. Its simple volatility and fear baiting..the market always starts to scream and tither and shake when its trying to get the Fed's attention..trying to get the fed to ease. The market is BASED ENTIRELY ON FED FREE MONEY. And without it, there will always be people talking about a Top..lol There is also fear about how Trump's massive Fiat Printing Bill (big beautiful bill) will be divvied up also. THE USA economy is ENTIRELY BASED ON GOVT PRINTING AND SPENDING. Once we get more clarity on how the Pork Fat will be divided and what companies will be subsidized with pork..we will see less volatility. And once we see more clear Fed easing plans (stated easing goals within 2025) there will be less volatility. The Time To Worry about a Top is when Open AI dumps its shares into the open market (IPO)..dumps its shares onto the naive retail low IQ. So..we should be good for a while longer. The Open AI IPO will be a glorious cluster fck of epic proportion. A Massive TOP signal. It will be akin to America Online declaring Kingdom over all Internet..all peoples..all monies on February 20, 2000 -(notice the level of volatility as it moved toward the top. There were insiders selling huge amounts of shares months before the stock was allowed to crash)- I wanted to put the AOL chart here..but the search engines and data meisters have washed clean all the history of AOL .. so that new young low IQers wont suspect or learn when the next one comes