If at first you don't succeed, lower the bar!In America, it's tradition that if at first you don't succeed, you just lower the bar.
It has been working great for the education and political system, why not the financial one.
There is a good opportunity here for the bulls to flip the trend back bullish and take another run at the 200D MA.
Today was a good example of not getting too bearish.
Cem Karsan warns about not being caught short for this reason.
It's called reflexivity.
1 Billion long puts were purchased on TSLA at the end of trading on Wed, Thursday and sharp V recovery right back the options market pin.
Buying Volatility gives markets that reflectivity that has been V recovering since 2008, whipsaw, buy the dip its all the same.
As long as people are pumping money into 0DTE options there will be more days like this to come.
We are in that period of market expansion no one has ever experienced.
I have watched rhythmic ES/NQ for almost 2 years now.
I have learned the inner working of the markets as an outsider, never having interacted or been directed by anyone in the financial industry.
I published this last year around this time.
It has some ideas on market reflexivity and the evolution of Bull and Bear Market Cycles.
A year later I still think it has some helpful perspective into how the market continues to change and grow.
Reflexivity
Bitcoin Bulldozer, Baby: But Beware Belligerent Bears!Title says it all, folks. I been busy hustling and schooling but occasionally you'll see me pop back up out of nowhere, like a wack-a-mole with a vendetta. With the certainty of political uncertainty looming; high-speed post-nuclear WWIII with Korea and Iran, Second American Civil War, mass deportations, impeachment and/or invocation of the 25th amendment, complete restructuring of the federal judiciary, reversal of Roe v. Wade, Puerto Rico underwater literally, everywhere underwater financially, making quantitative easing an increasingly likely threat to economic stability, and the rich simply get richer. If you took the last trade I posted on Bitcoin with the Elliott wave, you're making tons of money, it's falling from the sky, growing off the trees, so don't be a greedy bastid and push your luck like the Adams and the Eves. Instead, lock in profits, pay your bills, keep that credit score above 800, and prepare to hunker down for the eye of the storm. No one knows what's going to happen anymore. These are the games and the powers of the billionaire elite. They make us fight amongst ourselves just to keep us compliant, keep us complacent, and keep us off their backs, while they roll in the dough and slaughter your parents' retirements. The FBI turned the Black Panthers into the bloods vs the crips, the British Empire created India vs. Pakistan, and the Whigs were split into the Country Whigs vs. the Court Whigs. However many historical examples you need, I've got 'em for ya. Don't be a fool. Take some money and run while the opportunity is there, instead of taking a foot up the you-know-where. Typically bitcoin runs up in the final quarter, which is what we're seeing, but it drops off right around the new year, so KEEP THAT IN MIND, and remember that anything can happen. Godspeed Hunters and Huntresses.