Bear Cave 2 (Bull Allowed)

[robo]

I agree Brother! We are in a Bear Market based on the historical data I have looked over. There is some very good trading op's during Bear Markets. This market is going to be more like 1929 to 1933 in my opinion. (Chart Below) Note the rips and dips. I think we are in the early stages of this Bear. A move down to the 200 month MA or lower has above average odds based on the historical data. See the last two charts.... The Fed has been blowing up this bubble since 2008........ We traded that Bear, and I also traded the 1987 and 2000 Smack Downs. These new traders on their phones will get hurt badly if they BTD to soon.

 

[Bullitt]

Monday down 2.9%, the biggest down day since October 2020.

Today up 2.6%, the biggest up day since June 2020.

Bear market behavior.

 

[robo]

SPY/SSO daily: Sold the rest of my SSO during the gap up. Waiting to see if the SPY can move back above the 10 dma, and maybe we will get a DCL. However, this is a news driven market, but my lower BB tag trade worked out well. Flat and waiting for the next setup.

I continue to play small ball in this market. Base hits are fine until I can see a move back above the 10 dma.

 

[robo]

SPY daily: Selling 1/2 of my SSO position. I will continue to only ST trade and stay very nimble in a market like this one. What kind of turn will the War take next? The 10 day sma is up next and I have NO IDEA what will happen. I traded the lower BB tag and we shall see if it has legs.... Made a few bucks on this trade.

Filled Sell 150 SSO Market 58.25

 

[jonfresno]

SPY/VXF daily: ( C and S funds) The trend remains down, so all newly placed long trades are counter-trend. Catching the falling knife is more about luck, but I do use odds based on my tools when making a grab at it.

As long as we grab the handle, it's all good...

 

[robo]

SPY/VXF daily: ( C and S funds) The trend remains down, so all newly placed long trades are counter-trend. Catching the falling knife is more about luck, but I do use odds based on my tools when making a grab at it.

 

[robo]

The damage has been done. Recession later this year
https://www.youtube.com/watch?v=oLGV12Ol7aA

 

[robo]

VXF daily: ( S Fund) A possible higher low might be in play, or we could just make a lower low....... We shall see how it plays out. I'm staying very nimble while it all plays out. The 150.13 low marker is up next.

 

[robo]

"Still in a downtrend so the bears are still in control."

I agree the trend remains down.

Still, I'm a short-term trader so I placed a counter-trend trade using SSO after tagging the lower BB..... I will be keeping these trades small....

03/07/2022 17:53:58 Bought SSO @ 56.12

 

[sniper]

Price action smashed through support while MACD crossed downwards. Still in a downtrend so the bears are still in control. One thing though was the volume was small for such a big move down.

 

[robo]

SPY/SSO/UWM daily: Tagging the lower BB's. We shall see if we are close to a ST bounce. I have mainly been watching the show. Heading into the last hour of trading.

 

[robo]

RSX daily: Day 10

 

[robo]

RSX daily: Down around 73% since the November high as we head into the last hour of trading.

 

[robo]

VXF daily: Still holding above the 10 day sma....

 

[robo]

RSX daily: More pain....

 

[robo]

RSX daily:

 

[robo]

SPY/RSX: RSX continues to be sold...... Watching the show and doing some ST trading.

 

[robo]

The Wall of Worry is getting higher.

https://twitter.com/jessefelder

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Otavio (Tavi) Costa
@TaviCosta
The last 21 times Nasdaq had an intraday reversal of +5% happened during brutal bear markets.

David Rosenberg
@EconguyRosie

19h
The S&P 500 has soared 150 pts from the nearby lows and yet Treasury yields haven't budged from where they were at Wednesday's close. Both asset classes can't be right. Or at least bondies are looking at the sharp equity rally as being part of an Elliott Wave bear market bounce.
Mohamed A. El-Erian Retweeted
Financial Times
@FinancialTimes
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3h
Russia’s invasion of Ukraine has thrown policymakers, companies and markets into an inherently uncertain and unsettling world.

If you're an investor, here's what you should be watching out for, writes https://twitter.com/elerianm

 

[robo]

SPY weekly: A huge move up after moving way below the lower BB. A close back above the 50 week SMA was a huge win for the Bulls. Not much you can do in your TSP account in a market like this one with only two moves a month. For those that timed the move down and bought when there was blood in the streets - Nice Trade! I will continue to keep it small trading in the current market. Waiting to see if this turns out to be a nice trend trading move. We shall see if the SPY can move back above the 10 week SMA in the days ahead. Red line around 451ish.

 

[robo]

Cycles: SPY Monthly

Stock market crash update
https://www.youtube.com/watch?v=BZ415V8Q-qA&t=94s