The end of the US stock market is nearing

Quoting Igrok

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{quote} you don't seem to understand... I'm not arguing with anyone about anything... only expressing my opinion... people can take it into consideration or not... none of your arguments matters... Dow is set for at least 10K pips drop from current levels no matter what... and by the time it happens all the fundamentals will align accordingly to justify such a move...

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Quoting TudorIoan

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For the fuck's sake, nobody can be that stupid, Igor is playn' yo'all!!! He's a teaser, he will drag yo'brains to mud and he will laugh at you!

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Quoting fxtyrant

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{quote} Fundamentals drive markets.... if dow is 28k now and you expect atleast 10k pips. ie 35%, there has got to be a reason for such a sell-off.... 2008 housing crisis was due to exuberant and blatant financing and refinancing of property, theres always signs when a market is about to turn.... not on charts... but for 2008 case, fraudulent actions on mortgages, loan level data to identify no income mortgages.... so what is your rationale for the 10k drop you mentioned? if you mention due to the diamond formation, you will not be taken...

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Quoting kuroro001

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{quote} For the 2008 crash, barely anyone saw it coming honestly. Hence most hedge funds managers lost half of their fund. Maybe a few articles mentionned it, but people were not prepared When you are prepared for something, it's already too late And a 10/15% drop of equities can happen anytime, you can't expect it to rise non stop without correcting

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Quoting fxtyrant

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{quote} people who knew where to look would know.... and back in 2008 EVERYONE was long.... like blindly longing.... completely different to what im seeing atm..... the amount of skepticism in this US equity tells me we are not even close to where the US Equity is due for correction.... 10/15% drop usually has a reason, id argue the 4-5% drop like start of last week. that is one not many would know where that came from but i thought i saw from forexlive that they saw a large put order for ESmini on the CME last week, so it was kind of a self-fulfilling...

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Quoting kuroro001

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{quote} Skepticism is among the retailers maybe? When you listen to bloomberg/cnbc and others, all funds managers are longs and seeing 3300/3500 for the S&P. And look at predictions from analysts, they don't see markets down next year.... Time will tell who's right or wrong

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Quoting fxtyrant

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{quote} Well thats new.... i swear most are skeptical, maybe the trade deal over weekend with China had them switching view??

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Quoting fxtyrant

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{quote} Well thats new.... i swear most are skeptical, maybe the trade deal over weekend with China had them switching view??

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Quoting kuroro001

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{quote} https://www.ccn.com/sp-500-not-yet-done-printing-record-highs-peter-brandt/ https://www.bloomberg.com/news/videos/2019-07-10/s-p-500-could-hit-3-500-long-term-bofa-merrill-s-suttmeier-says-video https://www.bloomberg.com/news/videos/2019-07-30/federated-s-auth-sees-s-p-hitting-3-500-in-2020-video Since july they keep saying that It's just 1% of articles, i'm too lazy to look for others, but there are more recent articles if you look for it

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Quoting fxtyrant

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{quote} Now thats scary..... u know theres this one thing that may give me a reason to say maybe we consolidate here for a bit.... Im looking at 3Y1Y libor swap spread, which to me is a very good indicator of the velocity of the FED monetary policy, often times when a cut at next fed meeting occurs, it dances around -25bps.... prior to the december decision like a week back or sth... it was dancing around -10 bps so wasnt enough to cut but still leaning towards easing, they did it by means of mentioning of an inflation target.... but looking at...

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Quoting kuroro001

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{quote} Well, that's what market were pricing in december, no rate cut right? And they are not pricing rate cut for now as far i as know But FED told they would let inflation "run hot", above 2%. Situation which should be of a worry for equities IMO

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Quoting kuroro001

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{quote} For the 2008 crash, barely anyone saw it coming honestly. Hence most hedge funds managers lost half of their fund. Maybe a few articles mentionned it, but people were not prepared When you are prepared for something, it's already too late And a 10/15% drop of equities can happen anytime, you can't expect it to rise non stop without correcting

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Quoting Igrok

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{quote} as a matter of fact it was quite easily predictable... it was absolutely obvious indeed... as easy as shooting fish in the barrel... same good old single-diagonal reversal diamond had been born... as you can see here on the weekly chart, the confirmation came into play in January, 2008... then it was just a matter of time... and I knew it all along... {image}

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Quoting TudorIoan

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For the fuck's sake, nobody can be that stupid, Igor is playn' yo'all!!! He's a teaser, he will drag yo'brains to mud and he will laugh at you!

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Quoting fxtyrant

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new high on s&p500 futures mate. keep expanding that topside diamond line mate. with this new high... whatever diamond you drew is pretty much invalidated

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Quoting Forex.RayV1

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Rather than taking anyone's side here as to who is right or wrong; and in the interest of making money.... @fxtyrant, could you please advise are you buying US indicies or waiting for correction and then buy? if you are interested or already in the buy trades; what are your targets to enter and exit? @Igrok, are you selling US indicies or waiting for an area to sell? what are your intermediate targets in sell to enter and exit? could you both please share your views?

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