Word search psychology test for traders:— Steve Burns (@SJosephBurns) October 27, 2021
The first three words you see are going to define your trading for the rest of 2021: pic.twitter.com/AWoSbVdFWS
The ETH 2021 vs BTC 2017 parallel continues its weird wizardry... pic.twitter.com/bdPXC1ZJtk— Raoul Pal (@RaoulGMI) October 27, 2021
Blue w-4 is on: (1) as noted ystdy, a sideway w-4 correction is due & today is the first step. (2) I bet that SPX would drop to 4500 zone tmrw, to complete the first series of this consolidation move. (3) if, however, it drops below 4488, then a revisit to 4278 is most likely.
Two Pillars: (1) today, if not for two giant tech stocks, MSFT & GOOGL, SPX would fall 25+ more points, as each contribute to +12 SPX points INDIVIDUALLY. (2) MSFT blasted over a long-term trendline with a huge gap-up. (3) it would be significant if MSFT closes the gap this week.
No matter what happens in the world the S&P 500 shall always be green. pic.twitter.com/xv29JJzUXD— Sven Henrich (@NorthmanTrader) October 27, 2021
I think trendlines are valid with on-chain analysis just as they are with technical analysis. At the end of the day, we're visualizing patterns of human behavior.— Will Clemente (@WClementeIII) October 27, 2021
With that being said, current structure resembles the early stages of a bull market. pic.twitter.com/euG2NADrWR
The Bank of Canada was more hawkish than expected, with a more urgent concern around inflation. The central bank ended its bond buying stimulus program and accelerated the potential timing of future rate hikes. Canadian 2-year yields surge the most since March 2020. pic.twitter.com/3BjTXLFvxO— Lisa Abramowicz (@lisaabramowicz1) October 27, 2021