$ASTS
We have been short $ASTS since the topping signal.
Since then its made lower highs and now printing a red Breakdown arrow.
This is a high probability short setup. Anyone could have told that this was rolling over 💀
#NeverHoldStage4
@ChartingGuy I live in Trump country. Extremely devout supporters. I don’t know a single person who thinks Trump is doing a good job. Nor do I know anyone who likes high gas prices
$SPY Nothing’s changed.
I was one of the first people to turn bearish, and I’ll be one of the first to flip bullish but only when the market actually shows it.
In this video, I break down what I expect in both the short term and the long term across the market.
I also explain why this is likely just the beginning of the drawdown and why we still have a long way to go.
@Carnival_Poe@McClellanOsc 100%. It seems like everyone is looking to unload on a nice bounce to form that right shoulder. Just seems a little too obvious 🤷♂️
This week's COT Report released on Friday showed that the small "non-reportable" traders of crude oil futures are still up at a really high (for them) net long position. They are skewed to the long side, so one must judge their position relative to past data.
@Carnival_Poe@McClellanOsc Hahahah another failed crypto influencer. On the opposite side, I think we see oil drop and equities run for a nice bounce 🤞they seem to have been inversely correlated lately