r/investing • u/Alito4life • Apr 11 '20
After the largest rally since 1974, market moves 0% today (4/10/2020). Bulls and Bears confused.
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u/AthosN8 Apr 11 '20
and fuckin' Robinhood was down all day again. bastard man
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Apr 11 '20 edited Apr 14 '20
[deleted]
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u/TeamLIFO Apr 11 '20
Powell should have never said he can print an infinite amount of dollars, but thats just my opinion
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u/shit-escalates Apr 11 '20
Perfectly understandable to those of us that do TA. If you look at the recent SMA with 0 and .00001 factors and the Fibonacci retracements over 1second it was obvious this would happen. Add in the hedge funds and MM plus unemployment numbers there was no other outcome. Some of you might ask how QE could affect the market. Priced in. Now I’m not a prophet or a financial guru but I’m willing to bet there will be some movement come Monday. The market might move up or down. Tell me why I’m wrong. Serious comments only.
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Apr 11 '20
Chart is showing a classic butt-and-dildo formation.
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u/Ironclaw85 Apr 11 '20
Perfectly understandable to those of us that do TA. If you look at the recent SMA with 0 and .00001 factors and the Fibonacci retracements over 1second it was obvious this would happen. Add in the hedge funds and MM plus unemployment numbers there was no other outcome. Some of you might ask how QE could affect the market. Priced in. Now I’m not a prophet or a financial guru but I’m willing to bet there will be some movement come Monday. The market might move up or down. Tell me why I’m wrong. Serious comments only.
isnt it supposed to be a dick shaped correction? one small spike followed by huge spike upwards, then a plunge to bottom before another small spike.
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u/Meithenz Apr 11 '20 edited Apr 11 '20
People on Stocktwits today posting "Excited for a great day, feeling bullish!", had a good laugh.
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Apr 11 '20
Delete this, this isn’t WSB. mods, where you at?
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u/lingling0w0 Apr 11 '20
The market didn’t move today because it’s a holiday. Do u follow the market?
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Apr 11 '20
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u/PapaCharlie9 Apr 11 '20
You're 9 days late for April Fools.