BobbyBanksX

BobbyBanksX Updated 

On 5/6, in the aftermarket, at 4:00PM EST, dark pool sales of IWM went as low as $103.87. Current market price: $132.36. The Venus retrograde begins on 5/13.

BobbyBanksX

The peak of the SPX in 2000 to the peak of the subsequent bear market rally == 5 months. The peak of the SPX in 2007 to the peak of the subsequent bear market rally == 7 months. If we count the peak of the SPX in 2020 to start from January, we're 4 months in. I've read that the bear market continues not when the yields invert, but when the yield curves...

BobbyBanksX

I want to tell the FED. You can't have your cake and eat it too. In the deflationary COVID world economy of today, the USA needs to have the US Dollar reign supreme to retain its kingpin status. But the higher the SPX goes, the FED has to cannibalize itself and weaken the dollar. It seems like more effort has to be exerted to push SPX higher into the upper...

BobbyBanksX

It's been rough for me during this bear market rally, but I think we've come to the point of exhaustion for it. Who knows though, we might see another pump. But I'll bet that with the market open tomorrow, with all the selling that'll commence, we're going to see a bearish cross with the EMAs. All I want for Christmas is a 20% down day. Perhaps we will get it on...

BobbyBanksX

The SPX actually crossed below the 300MA, where the DOW just kissed the MA. Will it happen again? When will we get there if we do?

BobbyBanksX

In 2009, the Dow bottomed at the 300 MA on 3/2009. If history repeats itself, we've got a whopping 11k drop down to ~13,000. When will it happen? Will it just kiss the MA line or will it cross under? A question that is as serious as cancer.