S&P500 - A risk of outside move is developing..
If we are indeed 5 waves up then, lower gap fills and $500 on SPY is quite feasible over the coming weeks/months... but its never a given.
#ElliottWave#StockMarket#SP500#SPY
@DougKass@jimcramer A Samsung 500gb storage disk price has gone from $48 to $200 within past 12 months, procurement of laptop and pc hardware is depressing... all because of AI mania and manufactures switching production to RAM production, in about 18 months we should see a glut..
@TicTocTick Wifi transmitters can detect movement or a change within the regular/normalized pattern of coverage. So you can identify if there is ongoing movement in a location. It doesn't know everything you are doing. Means you could if wanted use it to alert on unexpected intrusion.
@JoeSquawk And Trump has Shame? Give me a break... he threatened to destroy a civilization, grabs them by the psy and dodges Epstein files... I wish CNBC would reconsider your position, you bring very little value and soft ball questions to anyone on the right.
📽️THE TANKER
There's an extraordinary race underway on the high seas, as nations vie to secure increasingly scarce shipments of fuel.
In our latest on the economics of this conflict we track one such ship & ask: why is Britain so exposed?
The answer is not v reassuring.
Watch👇
@TheLastHopeUSA@Osint613 Took 2 years for Churchill to secure food, fuel and a few boats to fight the Nazis! The request was repeatably denied by American Anti-interventionists. Now US starts a fight and tells everyone else to fight it out...
@optionflys@aztecs99 Same.. I only caution on how folks interpret RSI, its the most common indicator but we've moved into OB/OS. Notice in 2h, RSI rejection at 50-60 in down trend relative to price, plus the negative price divergence in red. But I am sure you both already know all this :)
@optionflys@aztecs99 Welles Wilder never developed RSI for OB or OS, just a bounded oscillator to measure strength in moves. Andrew Cardwell and Connie Brown sadly no longer with us have the best work on RSI. Phase changes, lower highs and RSI can't break 50-60 in downtrend. flip it for bulls 50-40
@jimcramer before the war if Oil went down it was a demand issue and economic downturn… now if oil goes down its not 🤣. Now if oil goes up its an economic slowdown.