Remember the March 2000 market top? I’ll guess a majority of current participants weren’t trading back then, but even those that were likely have a fuzzy memory of what the environment was like – and what was being said right at THE top. Over the past few months, from time to time I’ve noticed things […]
The market consists of cycles that manifest over infinite timeframes. Here’s the emotional roller coaster I’d imagine a carbon-based trader would go through over a couple of days on a 5-minute chart.
I saw a couple graphs posted on Twitter last week that really sparked my interest. I wanted to post them here so when I get some spare time I can sit back in my chair and ponder them more over a couple cocktails. The first graph is a look at the current “recovery” compared to […]
I Tweeted a couple times recently that I noticed some symmetry on the chart – between the current price pattern and last December. Patterns rhyme and repeat all the time, but what varies is the magnitude and timescale. As a matter of fact it dawned on me recently that the entire market is probably just […]
I took the liberty of adding a 100-day linear regression line to the daily SPX chart to give me an idea of the prevailing trend. It starts near the beginning of the year. I can visualize several scenarios, but unlike so many others I honestly don’t know how it will play out. I’ll keep an […]