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Interesting video. But the main issue is not whether we know we are in a bubble or not, but how long that bubble will last. When you zoom in on a regular (non-log) chart, it looks like it’s in a massive bubble all the way up, yet it still goes 10x higher. Like the Qualcomm chart already looked like it’s in a bubble at 14$, at 20$, at 50$. And it went to 100$. Same with BTC. Saying “it pulls away from the MA, and then crashes down” is clear in retrospect , but never at the time, because you never know whether that’s just another pullback before further up-swings, or it’s the end.
I hear what you are saying. In many ways, that is correct. However, as I said in the video, I would be watching for 4-5 accelerated trendlines before looking for an end of these type of moves. This can help identify when the risk is greatest.
@@investlikeapro7977 Thanks for the reply. Watched the video again. Good points with the 4-5 accelerated trendlines! Also, the no momentum divergence on the MACD. And when volume dies down at the top, which is interesting.
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👀 See what better financial charting can do for you!
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"Remember kids, it's only a bubble when it pops"
Good discussion of bubbles.
One is an "index" not an "indissee".
More than one are "indices" or "indexes". 😊
Thanks. I appreciate your input.
Alex will be the first three weight division UFC champ, very obvious.
*"market mania"* no different from 2 Years ago so need to go back far at all
Interesting video. But the main issue is not whether we know we are in a bubble or not, but how long that bubble will last. When you zoom in on a regular (non-log) chart, it looks like it’s in a massive bubble all the way up, yet it still goes 10x higher. Like the Qualcomm chart already looked like it’s in a bubble at 14$, at 20$, at 50$. And it went to 100$. Same with BTC. Saying “it pulls away from the MA, and then crashes down” is clear in retrospect , but never at the time, because you never know whether that’s just another pullback before further up-swings, or it’s the end.
I hear what you are saying. In many ways, that is correct. However, as I said in the video, I would be watching for 4-5 accelerated trendlines before looking for an end of these type of moves. This can help identify when the risk is greatest.
@@investlikeapro7977 Thanks for the reply. Watched the video again. Good points with the 4-5 accelerated trendlines! Also, the no momentum divergence on the MACD. And when volume dies down at the top, which is interesting.
Thanks Joe, HBM looks like pattern in play as does COPX and PPLT also started to slope up.
My pleasure. Yeah, looks good.
Phenomenal Joe ! I think it's one of your best sessions ever 👍
Thanks! Very much appreciated!
👍👍