The bull keeps defying gravity, the breakout is confirmed, and my opinion is clearly bull shit. Today’s plan is 3 words long. Plus NazQuack at a new all-time high, 3 butterflies in under an hour and 1 missing bear.
...I’ve been banging the big bear drum for far too many weeks with nothing to show for it, and the lazy bears are creeping in on the Dow and Russ again. Last time that happened we got a Crash Upward, 12-20% straight up. Here’s why I’m accounting for one, where SPX triggers, and how crude paid me while going nowhere.
...My bear’gasm lasted the morning, again, and we are being spun around once more. SPX is back inside the range, NFP could be fireworks or sput sput fizz, crude oil has locked in a first profit, and BTC looks like it wants to join the party.
...Tag n Turn swings are back bearish, GEX has flipped negative with a huge node at 7650, crude builds a V at the range lows, and Bitcoin sits sulking between 82k and 86k.
...57% of stocks are below the 200, Uncle Russ is off 8.1% and the S&P is still sat near all time highs. The SPX V-pattern has become a range, Bitcoin meanders, and the Premium Poppers keep paying.
...Up a day, down a day, and a handful of stocks doing the lifting. SPX’s 7660 is holding for the moment, Bitcoin needs 85,000, and I’m waiting to see the logging truck.
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