Thread: Bear Cave 2 (Bull Allowed)

When will the BTD ever end? LOL..... only the Shadow knows for sure!

Bottom Line: The Trend remains up on negative/ weak Breadth. However, I don't try and pick Tops or Bottoms. I will let the MA's and the market do that.
thomas
@VolumeDynamics

25m
One of these pullbacks, one day... will be the start of a new Bear Market, BTFD training continues...
https://twitter.com/VolumeDynamics

SevenSentinels
@SevenSentinels
·
33m
Wednesday 11:30

SS LOLR STS
Down Down Down
0/7 0/7 3/4

Breadth -500/-1500

NYSE McO: -29
>>NASDAQ McO: -44<<
https://twitter.com/SevenSentinels?r...Ctwgr%5Eauthor

LOL.... OK! (BTD)

Holger Zschaepitz
@Schuldensuehner
The $5.4 Trillion bet on the S&P 500: Acc to S&P Dow Jones Indices, a record $5.4tn is in ETFs that passively track the S&P 500. At the end of 2008 during the financial crisis, there was just $915bn worth of assets indexed to the S&P 50

VTI monthly: Includes the 2008 low..... A nice run since the 2020 low...... NEVER fight the FED and the CB's if you are a LT investor. With that said, there has been plenty of nice pullbacks and corrections since the 2008 low for traders. Not sure how many made money. Some did I'm sure, but others - LOL....Sell low, chase and Buy high.. I have did that myself, a few times in the last 40 years. Live and learn.....We hope!

The definition of insanity is doing the same thing over and over again and expecting a different result. LOL... Sounds like me trading the Gold Miners!

These words are usually credited to the acclaimed genius Albert Einstein.

VTI weekly: Week 18......

SPX divergence: Hmmmmm......


You can add this to the list!

SevenSentinels
@SevenSentinels

2h
Hint:

They've NEVER Been This Negative- EVER- not even in 1929!
Quote Tweet
SevenSentinels
@SevenSentinels
· 2h
9:45 PM, July 7, 2021

July 7, 2021- 100 Years of McClellan Oscillator Readings On The Top Day
https://twitter.com/SevenSentinels?r...Ctwgr%5Eauthor

nvestors Are Shoveling Money Into Stocks at a Record Pace
Jason Goepfert
Jason Goepfert
Published: 2021-07-08 at 0700 CDT
Stocks keep hitting records, there hasn't been even a pullback for six months, and investors are feeling good. And what do investors do when they're feeling good? Why, they add to their bets, of course.

Through June, equity mutual funds and ETFs have taken in more than $122 billion in assets, according to Lipper. That's the best first half for flows in almost 20 years. The only first half that exceeds this flow, in or out, was the pandemic-inspired outflow last year.
https://www.sentimentrader.com/blog/...a-record-pace/

VTI daily: A gap down and a tag of the 20 dma. However, it is holding and a quick bounce so far. (BTD?) Someone is..... Why not..... It continues to work..... We shall see how we close today.
https://stockcharts.com/h-sc/ui?s=VT...32&a=983964944

SPY daily: The index that matters to those that BTD... A closing price above the 10 dma is a good thing.

Bottom Line: The dippers remain in charge of this trend, and I still don't have a sell signal. For those that are using the 20 dma not even a tag yet.

joblin,

I will explain what I use for buy and sell signals this weekend. I will also cover why I use cycles for risk management. ( Position size)

Stocks formed a daily swing high on Thursday.
Stocks did get a bit stretched above the 10 day MA on day 12. Thursday's swing high allowed the 10 day MA to catch up to price. Stocks have been in a daily uptrend that has been characterized by highs forming above the upper daily cycle band and lows forming above the lower daily cycle band. If stocks form a swing low above the lower daily cycle band then stocks will remain in their daily uptrend and trigger a cycle band buy signal. A break above 4330.88 will form a daily swing low.
https://likesmoneycycletrading.wordp...still-bullish/

joblin,

IWM daily: What index do I use to determine my buy and sell signals? It's important as many stock market indexes lead or lag the S&P 500. The SPY/SPX is the standard for most.

Look at this IWM chart. If you are using the moving averages for trading we have been on a sell signal for small caps. IWM is below the 10,20,50, and 100 dma. However, look at VXF ( S fund) and the SPY (C Fund). VXF is on a sell signal using my system and the SPY is on a hold long position based on the rules I'm using for trading.