The balance between SPX, NDX and DJI changes. Some are stronger than others.
If we don't have food on our table and if there is no electricity or internet, who will go buy the new shiny faux bijou?
Meta, Tesla and Google need internet to exist. If push comes to shove, they will be the first to drop.
Tread lightly, for this is hallowed ground.
-Father Grigori
If we don't have food on our table and if there is no electricity or internet, who will go buy the new shiny faux bijou?
Meta, Tesla and Google need internet to exist. If push comes to shove, they will be the first to drop.
Tread lightly, for this is hallowed ground.
-Father Grigori
Note
Houston we have a problem.I have highlighted four areas, one in the 2000 .com bubble,
one in 2008,
one when Trump got president,
and one now.
At times like this, money flights to blue chips first. They are the last to drop.
Note
Note
Nothing to see hereNote
Watch your step...Trendline is a ray, drawn from the bottom of Jul10 to the bottom of Dec18. The 2020 low is an outlier.
Dreadful like halloween!
Note
No turning back now!Note
The violation of this trend marks the end of QE. This shows the true effect. I hope you all understand it.With Green and Red arrows, I have marked the points I used to draw the rays.
These long-term rays, prove as significant resistance.
Hitting one of them, was a fundamental reason the Black Monday was so severe.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.