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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (219074)11/21/2025 2:50:04 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220070
 
The kind of huge higher opening on bullish blow out NVDA earnings only to bleed lower the rest of the day is a serious sign of market exhaustion...

Yesterday we saw one of the biggest outside key reversal patterns in many, many years...

The trading range covered more than the previous 4 or 5 trading days, this one may actually be close to being the biggest one in historic record...

I very seriously doubt this is a sign of a bottom...

More like a sign of a more significant topping pattern...

Of course, anything can happen, I don't have a crystal ball, but if I had to place odds, I would suspect this market has more downside to go from here...

Just my wild and crazy hunch...

What do I know...

I'm keeping my spread and not doing anything else until I see real signs of a bottom...

I'm in no hurry...

GZ