@avalon198098@MasterPandaWu I agree that Insider trading is nothing new. But market manipulation with big announcements which is surely known in advance by some people is new.
@MasterPandaWu I agree totally with MPW as sudden market moves are happening because of tariff announcements, either an increase, decrease, pause or talk about firing Powell and a retraction, the list just goes on. All these have to benefit someone & cause financial harm to small investors.
@BillAckman I just lost $15K of my hard earned money yesterday because of Trump's flip-flopping with a sudden announcement of 90-day pause of the reciprocal tariff making the market soar. Two days prio to that he was chest-pounding about tariff and caused the market to go downhill.
@MasterPandaWu China does not pay the 104% tariff, US importers do and they pass it on to the consumers hurting their pockets. The question is, "do the rich 10% buy Chinese goods?" Even if they do, it won't hurt them much as they can afford it. So, the poor and middle class suffer.
@CallMeShylo@MentorO_@AnnaOfTheOrder Thank you "Guru" for your kind guidance, timely trade advice and freely sharing your fascinating ability. Much appreciated.
@CallMeShylo@TheOrderOfShylo I saw 4 bars near 5638 and one at 5648.7 on Friday. Perhaps the four-five bars rule applies in this case. Please confirm as I have been fooled before resorting to wishful thinking. Many thanks in advance.
@CallMeShylo @naitsiirhc @TheOrderOfShylo There is but one SPX wizard and that's Shylo. We are eternally grateful to you for all of your free advice, guidance and teaching. I wish I could take the course you offer to learn but due to my disability (nearly deaf even with expensive hearing aids) I cannot benefit from it.
@CallMeShylo@RealDealpotato Hi Shylo, I was referring to US Michigan Consumer Sentiment Index since market seems to react to whether it meets expectation or not. You are absolutely correct that it is irrevelant from a trader's perspective as one does not know in advance what the figure will be.
@RealDealpotato@CallMeShylo SPX dropped from 5607.7 to 5566.6 after the consumer confidence figure declined to 57.9 below expectations of 63.1. Also inflation expectation rose to 3.9% from 3.5%. I don't think I have ever seen the market going up after a consumer confidence decline. But it is what it is.
@CallMeShylo@LearningAlways_@awlally@EmperorZhuWen I missed seeing this post as well which cost me dearly as I entered long at 5560.1 and got stuck with the trade as price moved swiftly downwards. I just got out with a tiny profit. Thanks a million for your timely posts and charts.
@CallMeShylo Post
6150.5 high to 5534.5, that's 616 points on my platform. 10% correction is done. It will drop more as Shylo's short target is between 5500 to 5400. Long live Shylo and may God bless him for all his awesome guidance from which all his followers are benefitting.
@CallMeShylo As predicted by Shylo, SPX bounced twice from the said Zone. He is the Nostradamus of SPX. We are all eternally grateful to you for all you do for us.
@CallMeShylo SPX turned up right from the "Zone" as the Guru Shylo's chart showed. Incredible but true. We are forever indebted for your free guidance.
@CallMeShylo Many many thanks to Shylo for specifying this zone in advance. Unfortunately this move happened during the 1st hour of LSE open and I missed it as I was asleep at that time. This is what happens when you are in a different time zone.