To all those worried: I don’t believe that VS meant that the direction of this market depends on today’s actions alone. He is saying that there is a major support point around SPY 248. If the market lands above 252, it signals an upward movement to 263 which, if broken, means we are going to 270. If we hit 270, we are going to 300. It would be a sharper “V” shape recovery. Tomorrow, or even next week, it is possible to do battle at 248. And win and signal an Official Vintage Why Don’t You Knock It Off With Them Negative Waves Shirt. It looks like a bear flag is happening on SPY and it is possible that the move down is an escalator. If SPY breaks 263, the bear flag is a pretty invalid IMO. VIX would mellow and we could reach the goal.
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Agreed on almost all, but more than this. The whole view is that in reality, the bubble will have to pop sometime. Whether it’ll be the elevator cable ripping or a slow drown, it matters on how we take off on this trajectory and setting the next leg. Look at futures, we rejected 252 so far. It can retest but oil is slipping and that’s major support for 252 to hold. If oil dies, spy likely dies. Don’t get too discouraged bro that move the Official Vintage Why Don’t You Knock It Off With Them Negative Waves Shirt. I really enjoy your guidance on the market. Would love to keep hearing/studying it. Don’t let the kids who don’t understand that it’s not possible to predict every single unknown fucking factor (fed manipulation) and get it right 100% of the time get you down.
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I mean he called it. He said we were going under 248 or sticking to 252, and unfortunately, we ended on 252. Oil never got back in its channel and Donnie pumped it further up today. SPY will probably dump, but we might just be delayed an Official Vintage Why Don’t You Knock It Off With Them Negative Waves Shirt. I can’t imagine the pressure or disappointment he felt when it mooned at the end, but he was still right. For anyone on here with weeklies or mid-April puts, roll them out so days like today don’t crush you. Was more talking about the last few moments of the twitch stream? Without Donnie Pump straight-up lying about oil and a mysterious giant green candle, we would have been under 247 easy. But yeah, he was right for sure.
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