Roger

$SOX making a strong case.

Here he is

Fixed it for you

I’m shaking my head at you

I agree with this after the thrusts and new A/D lines paths however there is a pattern in 1998 that's is close to doing something like this. The biggest one is that 1998 April to June 10% drop followed by a 22 day recovery of 19% and then straight into a 32% drop. Of course, SPX did not suffer the same turbulence but close. Difference today is that $SPX is maybe more tech heavy than '98?

That’s a fun stat. Every Wednesday for the rest of every traders life.

Omg! The singularity is here, ai’s view of humanity is that we are all singularly Tyrion Lannister’s

a little different. $QQQ $NDAQ

This is funny. But there will be serious discourse around stuff like Jensen statement needing 1000x more energy than we have and people seeing data centers take their water.

I never even considered using it with $NYSE. I’ll have to look at it. I know Deemer uses it with $SPX as well as Whaley. Thanks for the info.

The NYSE A/D line has been diverging since April 22nd, right and $SPX was already at new highs. Is my data bad?

If we go another year and call the LTRC of late 98 the Iran war of this year analog. Once again we have two big tests of the low. I'm focusing on the bottoming action because that is where the market would typically have a stronger base to launch from. Which is why, unlike '97, '98 and '99 rallies, I think we can have a shock drop over the next several weeks that does not come near March lows but perhaps resets this rally in a very convincing fashion.

If we move the analog to 98 and position 97 as the beginning of the cyclical bull into 98. There we are again with two tests of the January low before rallying.

I like everything about April '97 being analogue to where we are today other than the summer rally had four tests of its spring low. That foundation makes sense for a seemingly inexhaustible rally. Not the type of bottom we had this year. $SPY $IXIC $QQQ

All of your shit stocks marinating are either about to spoil or rocket.

nice note. This in my TL says a lot about where we are at right now. Bulls are heartless.

Steve, that’s not how bubbles work. That not how any of this works.