That descending triangle on the SPY is interesting, spot on with your anaylysis on this. I've seen them before, always thought that in a bull market this pattern could be bullish, I guess not this time.
I think there are days where TA has no bearing on the market. We just have to let this play out for a few days to see what sentiment is. Is there real panic or if this was just an overreaction. I think we’ll know by Monday.
Thanks Nathan!... The FED backstabbed the market!... See you tomorrow!
It did! Let’s see how it'll play tomorrow, Peter! 👍😎👍
i am glad it did, i lost money but this was getting out of control - specially Tesla for example. Overvalued, no substance, just future "potential".
True values bro, amazing authentic videos
Thank you! 👍😎👍
Can you make sure asml is in your next video? Curious to see if it approaches a buy signal as some of this unfolds. Thank you for the great work!
Yes, I'll promptly describe the buy signal if one appears, but I'll share it on our Telegram channel if you don't mind. 👍😎👍
Thanks for the support!
Crazy day in the market thanks for the technical advice moving forward
Yes, TA guided us nicely here! 👍😎👍
That descending triangle on the SPY is interesting, spot on with your anaylysis on this. I've seen them before, always thought that in a bull market this pattern could be bullish, I guess not this time.
Thanks! Yes, most of the time we see upwards breakout, but that's not a rule. This is why we should always be careful.
Thank you Nathan!!!!
You are welcome! 👍🏻👨🏻👍🏻
Thank you as always!
👍😎👍
To the mooooooon!!!!
🔥🚀
That candle is a warning.i cant wait for the bulltrap that gets set so i can short heavy
samesies lol green the next two days then boom
@@scottdowle8218are we going green for thursday and friday? Or keep going down?
Hope you are right so I can buy cheap 😅
in this case, SPY needs to lose the $586 to confirm the bearish thesis. We'll se, only time will tell.
I think there are days where TA has no bearing on the market. We just have to let this play out for a few days to see what sentiment is. Is there real panic or if this was just an overreaction. I think we’ll know by Monday.
Sometimes, yes. But that's not the case today. But I agree that we'll have more answers in the next few days.
Definitely still in a bull market. But that 2pm fed cascade today was wild.
Agree!
Thx Nat.
You are welcome! I'm glad you liked the video! 🔥😎
Wiped out some the Trump pump meh. Gotta go deeper.
Makes sense.
Is today an overaction or panic?
panic
It depends on the price action tomorrow!
🙏
👍😎👍
112th like🎉🎉🎉
Nice! Thanks! 😎🏆
Nathan I almost curse in Portuguese today to my wife after powell spoke🤦♂️🤦♂️😡
lol you are a better man than me. But that's fine, at least we will see stocks at a cheaper price. 😂👍
Bull mkt cancelled .sentiment is destroyed
Alot more down coming they telling the truth now so mkt dies
Exactly