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RE: S&P500 emergency update 28.09.2021

in HODL3 years ago

While I agree with you about the buy backs, the other things that I'm looking at would tend to show a fake out with a rebound. A lot and I mean a lot of stocks are showing patterns of taking off or about to take off. Plus, the chart shows weekly hidden bullish divergence with a test of the weekly 21MA. If that holds, were off to the races for another run. Probably a retest of your of the channel just at a higher level. I do not think it makes it back into the channel but a retest with the larger correction coming then. Also, Bitcoin is about to blow. When it tops the all the markets will top. IMO
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