have no fear, the professional idiot is here!
Updated
to save the day.
CV is a hoax.
but on some real stuff they've poisoned our water supply.
i would know, i'm nuttier than a peanut allergy.
this schnitzlefrats is so overly simple, it's actually hilarious. KINDA. well, actually, kindareally hilarious.
papa trump is workin the economy to make people money. not just him. not his cronies. not your grandpa.
you. and everyone you care about. yet, panic? papa trump rewards you for being a good citizen of this
dear country and you turn around and S E L L due to people who C O U G H?
Know how I know that? Because I'm a professional amateur, and even I can see this incredibly easy pattern.
Know how hard it is to figure out that pattern, as a complete idiot/noob/amateur/banana, etc?
ezpzlmnsqz.
go to google.
type in elliott wave correction stuff
search around
look at patterns
see if patterns match current pa
???profit
Here, let me Google that for you:
elliottwave.net/educational/basictenets/basics3.htm
scroll down a bit.
look at traingles
just so happens the "Corrective Wave (Horizontal) traignles " section shows EXACTLY what we are doing, at the BOTTOM of the 8 examples.
the 4th one down. the bottom one. hmm.
ANYONE can do this. stop being lazy. stop panicking. you have a stupidly easy once-a-decade-if-that opportunity here. utilize it.
investors.com/market-trend/stock-market-today/dow-jones-futures-crude-oil-futures-coronavirus-stock-market-correction/
won't you take me to
keksitown
won't you take me to
keksitown
won't you take me to
CV is a hoax.
but on some real stuff they've poisoned our water supply.
i would know, i'm nuttier than a peanut allergy.
this schnitzlefrats is so overly simple, it's actually hilarious. KINDA. well, actually, kindareally hilarious.
papa trump is workin the economy to make people money. not just him. not his cronies. not your grandpa.
you. and everyone you care about. yet, panic? papa trump rewards you for being a good citizen of this
dear country and you turn around and S E L L due to people who C O U G H?
Know how I know that? Because I'm a professional amateur, and even I can see this incredibly easy pattern.
Know how hard it is to figure out that pattern, as a complete idiot/noob/amateur/banana, etc?
ezpzlmnsqz.
go to google.
type in elliott wave correction stuff
search around
look at patterns
see if patterns match current pa
???profit
Here, let me Google that for you:
elliottwave.net/educational/basictenets/basics3.htm
scroll down a bit.
look at traingles
just so happens the "Corrective Wave (Horizontal) traignles " section shows EXACTLY what we are doing, at the BOTTOM of the 8 examples.
the 4th one down. the bottom one. hmm.
ANYONE can do this. stop being lazy. stop panicking. you have a stupidly easy once-a-decade-if-that opportunity here. utilize it.
investors.com/market-trend/stock-market-today/dow-jones-futures-crude-oil-futures-coronavirus-stock-market-correction/
won't you take me to
keksitown
won't you take me to
keksitown
won't you take me to
Note
The power of a delusional/mentally ill brain here, people. Let us now see it it actually holds. This could have simply just been an A wave down with a B correction and C wave drop yet to come.
I think we have bottomed.
I think we have just formed a very BIG bottom.
Guess whale see.
Note
As far as bounce potential is concerned, both trend lines and Fibonacci retracements are showing an area for good potential. The corrective expanding triangle is either at, or very, very close to a bottom, IF we are still in a bull market. 19,350 Points is a very crucial area.
TECHNICALLY speaking, the US Stock Market has just entered a 'technical' bear market- which means we have now dropped at least 20%. In total, so far, we have dropped around ~35%. Fear is clearly at a major peak right now, with CNN's fear and greed index sitting at 8, having hit 5 a week ago.
The VIX spiked to 2008 price levels, indicating that stocks could potentially have further declines. The RSI in the VIX is at an all time high on the weekly and monthly charts.
Note
Something to keep in mind:Note
Note
so angry.5/13
Note
hay USAgfy
Note
This is just entirely speculative, so take this with a grain of salt, BUT..I noticed the very sideways movement that started mid April and it looked to me like a mini HS that really wanted to break down but was prevented by JPOW's brrrrrrrt machine. Now, there is a potentially much larger HS at play- the neckline of which coincidentally lines up with the 50% retrace of the move from bottom to top. The smaller HS which may now be a left shoulder likely didn't break down because there was still a lot of FOMO left from the insane volatility that hit after the March drop. Psychologically, people were inclined to buy buy buy, especially with news of the FED injecting so much freshly printed money.
At the moment, a lot of reports are coming in from places like Florida and Texas that show spikes in the amount of confirmed cases for Covid. This all said; IN MY OPINION, the charts, protests, and the fact that a few businesses are now taking extra time to open up are telling me we could see some serious downside. Add to that fact the FOMO from the downside has clearly subsided. So what do we have now? A perfect recipe for FOMO to the downside. Especially when you consider this website:
robintrack.net/leaderboard
This website shows the amount of users on Robinhood holding a given stock. As of right now, Ford is in the lead, with GE, and AAL being next in line. Ford has had a lot of not-so-great news lately, GE's chart shows a giant HS itself, seen here:
AND WHAT DO YOU KNOW!?
GE shows the same thing.
Let's take a look at the Bitcoin of US stocks: Apple!
Hmm.
I've been thinking we higher low, I really do not see a lower low at this point unless there is the '2nd wave' of Corona that the Government is trying to push the narrative for. Admittedly, that scenario is very likely considering States now reporting spikes in cases. The protests caused a LOT of people to get VERY close together. Tear gas caused a lot of people to COUGH.
Just beware. Today is a 'quad witching' event in stocks, the last event being on March 20th? I believe. Last time it was basically a nothingburger, but today has the potential to have a very extreme selloff toward the end of day.
One last thing.
Today, we gapped up to the exact point of prior support for a bit of a janky bearish wedge I spotted fairly early on in the chart. Beware. This dump could be a fakeout, but I'm betting not..
Note
Ford shows the same thing*Note
Fakeout? Or are a bunch of boomer stocks about to have a
S T U P E N D O U S
rise?
gas whale c
Note
k no thumbnail preview.this is fucking annoying
Note
tradingview.com/chart/PwjfHA6A/hmmm
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