Some thoughtful positve sentiment when it's to easy to be bearis
As you can see, we are nowhere near an
Over Bought SPY, we are at or close enough to an Over Sold SPY to signal a trend reversal according to previous reversals.
Maybe we will have to cross below 30 first or touch it.. maybe it's Sold off enough and a reversal will make positve sentiment return to the market and start a bull run, who dosent want that right? People jump at the opportunity to buy stocks when their rallying correct, I mean I hope that everyone has not turned into a short seller.. they do realize you can not short stock forever because at zero its done for but you can invest into and go Long on Stock forever because technically there is no limit to how high it can go... so it's obviously crucial that the vast majority stop shorting or loading puts and actually remember what it is to invest into something again hah.. I'm getting so tired of volatility today literlly is making me want to walk away from the market for a while until it's over I just so over it dropping over and over again. I can't take it anymore man.
Over Bought SPY, we are at or close enough to an Over Sold SPY to signal a trend reversal according to previous reversals.
Maybe we will have to cross below 30 first or touch it.. maybe it's Sold off enough and a reversal will make positve sentiment return to the market and start a bull run, who dosent want that right? People jump at the opportunity to buy stocks when their rallying correct, I mean I hope that everyone has not turned into a short seller.. they do realize you can not short stock forever because at zero its done for but you can invest into and go Long on Stock forever because technically there is no limit to how high it can go... so it's obviously crucial that the vast majority stop shorting or loading puts and actually remember what it is to invest into something again hah.. I'm getting so tired of volatility today literlly is making me want to walk away from the market for a while until it's over I just so over it dropping over and over again. I can't take it anymore man.
Comment:
said getting close to oversold
Comment:
Oh boy I was spot on right about this one! It did have a rapid reversal to the upside and that was a bottom. It just is not over with yet, although I didn't belive it was over back then also.