Still a strong bull market says the quarterly chart

Discussion in 'Trading' started by VEGASDESERT, Mar 12, 2020.

  1. VEGASDESERT

    VEGASDESERT

    10 Year Quarter bars, Tight channel, Trend line break should be bought and at least 1 push up..

    spyquarter.png
     
    murray t turtle and MKTrader like this.
  2. Cuddles

    Cuddles

    what does the daily chart tell you?
     
    ironchef and The Humble Bunch like this.
  3. VEGASDESERT

    VEGASDESERT

    same thing the minute chart tells me when I'm trading the 90 minute chart, bull and bear
    trends all over the place...
     
    murray t turtle likes this.
  4. Overnight

    Overnight

    Yer not going back far enough with your data. Chart is inaccurate because it is not considering the fundamentals, only the technical.
     
    The Humble Bunch likes this.
  5. VEGASDESERT

    VEGASDESERT


    Of course if everyone dies, yes the bar keeps going and not looking back, BUT if corona
    craps out by end of summer.. big reversal bar to form. Buying discounted blue chips..
     
    Nobert likes this.
  6. schizo

    schizo

    Yeah, you heed your own word and buy to the hilt. I'll follow up next quarter about your progress.

    For the record, SPX closed at 2480.64 today.
     
    guru likes this.
  7. Overnight

    Overnight

    That's a pretty big if.
     
  8. VEGASDESERT

    VEGASDESERT


    in 10 years we haven't had 2 consecutive bear bars close, so odds say unlikely to
    happen next quarter.
     
    murray t turtle likes this.
  9. gaussian

    gaussian

    "It's still a bull market guys!" the lone lunatic says to the crowd in front of the smoldering ashes of the market reportedly after consulting his tea leaves. Spectators were left confused and befuddled at this statement, one spectator saying, "his eyes were crossed and he kept shouting TRUMP PUMP TRUMP PUMP".
     
  10. dozu888

    dozu888

    people are idiots.

    even IT, and that's a huge IF, we do get into a serious crisis.. then what....

    this country is owned by the elites who own all the assets... you think them gonna let the assets go down in value.

    if 1 trillion not gonna do it, then 10 trillion, 100 trillion... there is no limit.

    why do people not learn.... 2008 already laid the road map.
     
    #10     Mar 12, 2020
    MKTrader and nooby_mcnoob like this.