Rock 'n' Roll baby, its building a cause, the best is yet to come. pic.twitter.com/OT1tilZRbZ— xTrends (@xtrends) October 6, 2021
She should disclose the secret to earning $7 million in speaking fees in 2 years https://t.co/Zi9zBO6601— Hipster (@Hipster_Trader) October 6, 2021
Charts on 3 time frames: (1) I have posted 3 charts [30-min, 2-hr, daily] for some time, with different path forward. (2) it is interesting that in SPX 30-min chart, it did spike to hit 4370-4385 zone once again, then back down. (3) the minimum targets for Double Zigzag is 4230.
MSFT Update: (1) as noted here last week, MSFT was sitting on two important trendlines. (2) today, it finally sailed out this whipsaw zone, hitting the 292-293 zone & the MA line. (3) so far, just like the broader market, MSFT has had only 2 legs down.
Investors Intelligence (which IMHO is far better than AAII) has 40% bulls, lowest since April 2020.— Helene Meisler (@hmeisler) October 6, 2021
Also check out Correction minded folks + bears, now at 60% pic.twitter.com/o3C9KaBdHw
Russell 3000 - which presents essentially all equities - up 2 days in a row. It hasn’t been up more than that since August 25. Happens all the time in uptrends (shading). Also a chance for RSI to get back above neutral (top panel). Looking at you Mr Thursday pic.twitter.com/ne0Rvmat5R— Urban Carmel (@ukarlewitz) October 6, 2021
$1,500,000,000 Bitcoin Whale Transaction Makes Waves As Huge Crypto Holders Stockpile BTC - The Daily Hodl https://t.co/CAqgAy7due— Jack Posobiec (@JackPosobiec) October 6, 2021
Seasonality continues to track extremely well in $SPX with the late September drop into early Oct chop as shown below— Adam Mancini (@AdamMancini4) October 6, 2021
While the worst is over seasonally (Oct is second most bullish month), its worth noting there is *on avg* one final flush into the 11th-13th before a low is set https://t.co/uEVd3PTtZm