
BucketTrader
3.4K posts

BucketTrader
@TraderBucket
Just a Republican trying to make it in a Democrat State. Welcome to California







$SPX A dip sometime next week would be nice.

BREAKING: The S&P 500 closes at its highest level on record, now up +17.2% since the March 30th bottom. That's +$10 TRILLION in market cap in 29 trading days.




🚨 SOMETHING VERY STRANGE IS HAPPENING S&P 500 just hit a new all-time high of $7,000. Right in the middle of the worst energy crisis in decades. But almost nobody is talking about the real reason. The market is pretending the crisis is over. But the Strait of Hormuz is still closed. Oil is above $90. While the real economy suffocates, the index is being pumped to create exit liquidity for smart money. The gap between the chart and reality is dangerous. I've seen this movie before: When the index flies during an energy shock, the drop will be vertical. Remember, I've called every major turn for the last 10 years, including the exact $16K bottom three years ago and the $111K top in October. Turn on notifications. When the real bottom forms, I'll call it here publicly, like I always do.



$QQQ Nasdaq is currently at 8.5x ATR above its 50 SMA The last time we had this level of short-term extension was 22nd Dec 1999.

















