@userofintellect This surprises me because during the previous 3 days I've been some of the largest bullish DP prints for SPY, or variants of it like VOO, on the EZPZ Trade Alerts page that I've seen in months. Many singular prints near or above $1B, including a $4.1B DP bullish print at 737.38.
@datruthbomb I don’t think that is true. You shared this chart on X and in your substack, expecting only a daily sell signal with plans to re-add once it was over towards new highs later this month. You expected the weekly sell signal to trigger later once new highs were reached.
@KillaXBT The circled spots came before the cycle bottom in every previous cycle. Not a bad time to DCA, but I wouldn't want to be more than 50% invested. Most cycle bottom indicators suggest that the bottom isn't in yet.
@tradenalytics Nobody is arguing your current stock picks. I'm pointing out that your public narrative in Oct/Nov was bullish while you now claim you were secretly cash/semicons. Great day for GFS, but it doesn't change a fabricated timeline.
@SmartReversals Interesting pivot from the $695 consolidation/bearish RSI divergence thesis yesterday. Is the Stochastic bounce above 50 on the weekly now overriding that short-term volume shelf concern?"
@SmartReversals MMTW (Percent stocks above 20-day average) hit 80 today. Often a short term top signal. The last time it reached 80 was on August 26, 2024.