navtrader

All information tweeted here is for educational purposes only. Please do not treat this as personal financial advice.

[navtrader @Trader_NAV]

Bifurcation resolved! My MT flipped to a sell at ES 7400 today.

[navtrader @Trader_NAV]

MT at a bifurcation point again Stay tuned !

[navtrader @Trader_NAV]

There are few traders and analysts left on Fintwit. The garbage content creator class have taken over.

[navtrader @Trader_NAV]

S&P has had cyclical bears in 2016, 2018, 2020 and 2025. The cyclical bear signal in 2026 was a whipsaw, because the wall of worry created by the Iran war was too big. We need to decline below SPX 6800 before any new cyclical bear can begin. Will update if and when that happens.

[navtrader @Trader_NAV]

India's Nifty has been in a Cyclical bear market for over an year. It entered a cyclical bear in April 2025, made a secondary lower top in June 2025 and has been going lower ever since. Buying dips in a bull market is smart. Buying dips in a cyclical bear can ruin you.

[navtrader @Trader_NAV]

My system gave a Medium Term trend change on June 9. Rejection at SPX 7530 (sweet spot for short). Diamond pattern has not resolved yet. Once it breaks the lower trendline, we should see acceleration.

[navtrader @Trader_NAV]

During the 2000 peak, 15% of S&P companies traded above 10X revenue. Now in 2026, that number is 40%. You can't of course time the market based on this.

[Tom McClellan @McClellanOsc]

This pattern of 15 good(ish) years (white portion of the box) followed by 15 years when you had better be a market timer (yellow portion) has worked all the way back to the 1830s. The next yellow box starts about now.

[navtrader @Trader_NAV]

90% of IPOs eventually trade below their first-day low. Yet the suckers want to buy it on the first day hype, without allowing for price discovery by the market.

[navtrader @Trader_NAV]

From it's peak to today's current price, SpaceX lost 1 trillion in market cap. Who are these clowns pushing a single stock up and down in trillions in a week ?

[Ted @TedPillows]

Nasdaq compared to the US M2 supply is now even more overvalued than the 2000 dot-com bubble.

[navtrader @Trader_NAV]

I am not surprised by anything that's happening in this market. I have lived and traded the 2000 bubble. This one is more concentrated and much larger than 2000. Long or short, play with well defined stops. Open ended stops will kill you !

[navtrader @Trader_NAV]

Market is now in a "Silly mode" !

[navtrader @Trader_NAV]

Iran deal done, SpaceX IPO done, Crude collapsing, stock market printing trillions with keystrokes - This is fairy land !. No wall of worry to climb anymore.

[navtrader @Trader_NAV]

We are in a Medium term bifurcation zone now. We either accelerate down and continue the MT trend or reverse the trend to UP. Stay tuned.

[navtrader @Trader_NAV]

ES 7600 - that's roughly SPX 7530

[navtrader @Trader_NAV]

@BreadthAndPrice Yes Sep

[navtrader @Trader_NAV]

We have a rejection at ES 7600.

[navtrader @Trader_NAV]

When folks say they are buying based on favorable technicals, attractive fundamentals or extreme sentiment, they are legit reasons. When they say they are buying because "There won't be another Elon in our lifetime" or "Don't bet against Elon", that's a huge red flag !

[navtrader @Trader_NAV]

There are two overhead gaps at ES 7685 and 7655. Most of the time, these gaps get filled. But they don't have to. 2020 covid selloff started with a gap (30%+ selloff). 2018 Oct selloff started with a gap (20%+ selloff).

[navtrader @Trader_NAV]

MT is still down. There's no bifurcation. Only new ATHs will turn it up. Barring new ATHs, any rejection here is a good short.

[navtrader @Trader_NAV]

@mainemantrader @Chartfest1 @t1alpha @TheGodOfTrading @Norseman1 @markminervini @WalterDeemer @SquawkCNBC Not sursprised.