Crash Incoming 6? (Update 2) CONCLUSION
Aggiornato
Hi again.
There is too much noise out there: a lot of controversial news, information and counter information, 'beautiful' slogans like 'bad news, are good news' and vice versa, or, as an example, good, and not so good, ideas in the 'giant' Internet. For me, a rational approach was necessary.
Since March 2022, with simple charts and no bias ideas, I am studying the possibility of a big crash. Since then, the market has corrected strongly and, recently, we had a nice run.
I don't know if we will see "the mother of all crashes" in the next months, what I know is that we want to make money and, for that, the only think you need to know is following the trend. The best you can do to beat the market is to invest or trade the S&P 500 or the Nasdaq (or maybe the 5-10 big companies of these indexes) following this idea and forget about news, earnings, reports, gurus courses, or pre and after markets of individual companies 20% moves. I know it's not easy, there are a lot of distractions and greed is our major enemy; we want to invest in everything, right?
In this update, I conclude, for now, that the best chart to predict the 'health' of the market (not the economy, of course), and stop the noise, is XLP/SPX.
I hope that this 'crash' serie is helping you to protect your portfolio, nevertheless, we need to take action and not to invest with a 'crash bias'. Here we have the monthly chart, it's very clear that when the trend is up, the S&P will go down and vice versa. I don't need to use more words to explain it and I advise you to find a simple strategy and stop following so many people or other 'distractions'.
As an example, I will ad an image to this update with another timeframe and an EMA, of course you can choose your timeframe and EMA to identify the trend and swing trade accordingly.
Stay well.
There is too much noise out there: a lot of controversial news, information and counter information, 'beautiful' slogans like 'bad news, are good news' and vice versa, or, as an example, good, and not so good, ideas in the 'giant' Internet. For me, a rational approach was necessary.
Since March 2022, with simple charts and no bias ideas, I am studying the possibility of a big crash. Since then, the market has corrected strongly and, recently, we had a nice run.
I don't know if we will see "the mother of all crashes" in the next months, what I know is that we want to make money and, for that, the only think you need to know is following the trend. The best you can do to beat the market is to invest or trade the S&P 500 or the Nasdaq (or maybe the 5-10 big companies of these indexes) following this idea and forget about news, earnings, reports, gurus courses, or pre and after markets of individual companies 20% moves. I know it's not easy, there are a lot of distractions and greed is our major enemy; we want to invest in everything, right?
In this update, I conclude, for now, that the best chart to predict the 'health' of the market (not the economy, of course), and stop the noise, is XLP/SPX.
I hope that this 'crash' serie is helping you to protect your portfolio, nevertheless, we need to take action and not to invest with a 'crash bias'. Here we have the monthly chart, it's very clear that when the trend is up, the S&P will go down and vice versa. I don't need to use more words to explain it and I advise you to find a simple strategy and stop following so many people or other 'distractions'.
As an example, I will ad an image to this update with another timeframe and an EMA, of course you can choose your timeframe and EMA to identify the trend and swing trade accordingly.
Stay well.
Nota
Here's the daily chart:Nota
Rebound from the support, the trend up is still intact:Nota
Here's the last update from my main market indicator:Nota
Be careful:
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