The average year tends to make a seasonal low in late October before Santa comes to town. pic.twitter.com/y0IsJEqKs5
— Ryan Detrick, CMT (@RyanDetrick) October 19, 2021
Foreigners bought $8.7bn in US #stocks in Aug, but 12-month total continued lower -- to $244bn, vs Mar '21 peak of $406bn. If this continues, this will sooner or later catch up with $SPX. At least that is how things evolved following prior major peaks in '00 and '07. $SPY pic.twitter.com/YEyqfXbhZd
— hedgopia (@hedgopia) October 19, 2021
1200 points later#ES_F $SPY $SPX
— Trading Warz (@TradingWarz) October 19, 2021
Stick to your strategy - ignore the noise! https://t.co/UqHP2XBqRd pic.twitter.com/fFUbjxxvgF
Black Monday, 1987: Inside The Birth Of Stock Market Moral Hazard, 34 Years Ago Today https://t.co/rYAJjMx6PK
— zerohedge (@zerohedge) October 19, 2021
The bullish sentiment of the #stockmarket closed higher at 22%, and the bearish one dropped to 13%. Momentum is intact. However, the market is on 5-day winning streak, so we may see a red day in the next few days. I stay long. $SPY $QQQ $IWM pic.twitter.com/9t30kxL95J
— MSI Research (@MSI_Research) October 19, 2021
Three Unfilled Gaps: (1) for the current upswing, SPX has staged an impressive gap & go triple relay. (2) more noteworthy are the three unfilled gaps, an unmistakable sign of a third wave of certain degree. (3) the most bearish EW count would be a larger FLAT W-4; ATH is due.
After-thought on DTK: (1) Since Aug 19, when DTK dropped to blue, it never gets back even to the orange zone. (2) the decline from 4545 is the largest & longest since Oct. 2020, making it (maybe) the same level of that wave; if so, then. (3) Seasonally, Nov & Dec are very bullish.
US will underperform this decade. Looks very crowded.
— HOZ (@MFHoz) October 19, 2021
Europe looks to be the most contrarian place to bet your money on in the future. pic.twitter.com/mkUhcJGZaq
almost back to the happy place$VIX pic.twitter.com/MCWlPiW6fw
— SpotGamma (@spotgamma) October 19, 2021
China containership exists
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) October 19, 2021
congestion at the LA port has no end in sight.. empty shelves mean consumer spending is booming - psaki pic.twitter.com/GCE65RfyXG
After further examination of the $SPX chart, here's another strong indication to a high on Oct. 22/25:
— CyclesFan (@CyclesFan) October 19, 2021
A 35/36 TD high to high cycle(with one exception) going back to the January high. pic.twitter.com/TF18ii46XS
$SPY sure put the 100 EMA to the test 😤https://t.co/KGb8oYb46I
— TrendSpider (@TrendSpider) October 19, 2021