2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 387.88

+1.2%

Nov 28 4:00 PM EST

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To: sense who wrote (171988)	5/19/2021 1:32:59 PM
From: sense	Read Replies (1) of 218117

My simple approach... notes charts saying SPX is nearing or at an interim peak intraday.... while the corresponding chart on UVXY says it is at or near a bottom... Having retraced half the drop from this monrning... that looks like a pretty big air pocket... if it does what the charts are suggesting is most likely... But, fingers on scales and all... wait to see... Accumulation/distribution in SPX... remains negative... with the negative volume index not quite making it half way back up to the zero line... so the erosion continues, likely with a rotation of the smart money out... as the routine in the persistent "buying the dip" crowd... continues buying... not the dip... but the bounce... I think what we see is the programmed ending of the markets expectations that the only options are for the market to make new highs... or crash... The thing no one expects... is that the market moves lower... without it crashing... just being walked lower. And the chart right now suggests that is consistent with what you see... Therefore, that's what I expect... But, what do I know... It's not like its is fundamental analysis that is right... rather than pure speculation guessing what the powers that be might do next...

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