ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Lee Lichterman III who wrote (74191)	11/27/2022 12:14:49 PM
From: The Ox	5 Recommendations of 97962

Hi Lee, I think you can see in SendMe's charts and analysis the manifestation of the "bullish" view you've been questioning lately. The bullishness is a reaction to the large drop from this year combined with a lot of steam being let out of the FOREX and bond markets. More than likely, the market is developing another bull trap, just waiting to be sprung. This aligns with the potential reversal in the bond markets from falling rates, as pointed out by Hayduke's link to McClellan. VIX has been winding down from many months of very high readings. Another sign that a trap is likely on the way. The question I have is what will trigger a new change from complacent and short term bullish to more fear? It seems to me that as long as oil keeps fading in price, along with bond rates and the dollar, we have the perfect path to continue the bear market rally....for now....

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