@FinanceLancelot Does today's news, and sell off, invalidate the previous post? or was this just to clear the bulls out, close the CALLS, before the massive MAY ascent ?? maybe we should wait till Friday to get the jobs ##s. ?
@xMarketNews Of course they are, what better way to get out from underneath the corrupt actions they have already taken to date with MMTLP, prior to NB , a bankruptcy will eliminate the ability to pursue litigations, they have the chessboard all set up and within the rules they set !!
@brian_fantana82@ChartingProdigy I often have considered that same question, looking for the absolution in the theory, I've never really come to a final answer, but have accepted it as a byproduct of human nature & math, needing to place some type of bounding on price movement to set bottoms top, with FIB theory
@agbrickman The reversal set up looks good, agree Monday/Tuesday will tell all, would not be surprised to see a bull bounce Monday am, in your opinion is it best to lotto onto the Vix related ETFS, or equities? or do you prefer straight short positions on the indicees. ? SPXS, UVXY? TIA
@TriggerTrades Het Trig, I haven't seen any posts here lately? Hope all is well. The price movements this last Friday, 2-21-25, warrants a review. Curious what your take is on this. ?
@FinanceLancelot It appears the rug pull has begun, and just when I was expecting one last run up for SPX and SPY, , now the key is to time the entry on . on the DIP.
They sure did, that was one slick move, first there are millions of naked short positions that they were aware of, many held by Hedge fund buds, gool ole boy group, but that's not FINRA problem, SEC is supposed to police that, they used funky phrasing in the S1, 1st they ...
@shortseller Why do you say not technically valid? Short term or longer term? currently a ascending triangle on SPX. double top hit, tested needs to break thru, Elliot wave says more to go on the 5th wave up? this will be a pivotal week !
@DzambhalaHODL@shortseller I believe it still does, it just needs time to set up, execute moves & transfers, a bull push up will help allow those actions to be completed.
@FinanceLancelot Thanks for sharing, very interesting, Wondering if this is more tied to a bigger plan for Pres Trump & Musk to push coins, increasing need for real GOLD.
But seems major banks are involved, ? strange that $GLD< $XAU, others took heavy hit down on Friday, Why ?