On every trading day, after market closes, I would choose 10 best tweets from the Fintwit World and rank them on thoughtfulness of their ideas and informative of their charts. Please tweet your nominations for Top Ten Tweets (TTT) to my account @MasterPandaWu.
Getting closer to 4700: (1) SPX hit 4683 in the morning, only 17 points away from 4700. (2) the only hope for bears is a repeat of June 9, 2020, when the market just rose in an accelerated fashion, bf a sudden crash down. (3) otherwise, it takes weeks to wear down the bullishness
No capitulation from BEARS: (1) abundant frustration, disgust and despair in the bears' camp lately, but no capitulation yet. (2) steely-ball bears, as a group, actually make a blow-off top more likely, TBH. (3) wait for TDK red signal to pull the trigger; as of now, it is blue.