🧯Forza top trigger has FIRED 🔥. No sure thing in markets but has proceeded major turns in the past. 4 out of 5 criteria must be met to trigger:
1⃣ Yield curve uninversion (10Y-3M) in prior 18 months ☑️
2⃣ CAPE (Shiller P/E) > 28 ☑️
3⃣ Hindy cluster ☑️
4⃣ Low breadth Lows > Highs for 5 days & 60 % of SPX above 200DMA ✖️
5⃣ 30 day MA on VIX <18 (complacency) ☑️
Have been waiting on the Hindy and now it's here.
Always remember NFA
$SPY $SPX $QQQ $NVDA $TSLA
@WallStreetSilv So many clown replies here that have no clue how hard it is right now for people - even if they earn a healthy wage. Yah bro it’s the avocado toast you need to cut. Not the insane monetary policies that have driven middle class into the ground the last 40 years
Head Fake or Not: (1) the breakout of the bear market trendline--orange--tdy is significant; though it needs a continuation tmrw to confirm its validity. (2) a hidden trendline--dotted red--originated from Covid Crash low stopped the rally. (3) two options if it drops back tmrw
The "bad news is good news" narrative is facing a challenge with the latest tech earnings. Yes, there are signs inflation is cooling down in places, which has tempered the bond selloff. But disappointing tech results hint at how challenging things may get for corporate profits
@DaveHcontrarian If mrkt doesn't ATH by yr end, were you wrong? How long ago did you predict it? 4-5 mos ago? Minus 15% SPX, minus 20% NDX ago? Please answer the ques, if mrkt doesn't ATH by yr end, were you wrong? Thanks.
U.S. consumer borrowing surged again in April after a record jump the prior month. How much are consumers confident about their future, and how much are they not worried about it and levering up because they can... https://t.co/lPcrKbKvTF
Important to size each trade correctly but also to size TOTAL trades correctly. If you have trades that are highly correlated then even if you each appropriately you may not be managing your account properly. Always keep total positioning in mind for risk management