The public does not know where the bottom is...
but you do.
You slow the descent,
stop lower movement,
keep the masses afraid,
and
...
Steve Nison lays down support
and Tom DeMark
sees a bull market into October/November.
MA 3 supports
and MA 12 resists
You made everyone fear for their lives
and while the masses got poorer
You accumulated under everyone's nose.
AND WHERE DID THAT COME FROM?!
You shaped it. You made it. The market thinks and feels as you please.
Tom DeMark saw it coming
before Steve Nison
And they left you confused
and afraid
wondering
greedy
And they built the case for you to go short
and you felt so smart.
You would buy here.
and here
but what if?
and the fear...
...
MA 3/12 had you in the trade
all along.
The public
was losing
confidence.
What does it mean?
Where are we going?
What should you do?
Steve Nison is bullish,
MA 3 supports you,
MA 12 keeps the public afraid,
Tom DeMark is bullish
until October/November,
and most people will buy up here.
And you want to short???
but you do.
You slow the descent,
stop lower movement,
keep the masses afraid,
and
...
Steve Nison lays down support
and Tom DeMark
sees a bull market into October/November.
MA 3 supports
and MA 12 resists
You made everyone fear for their lives
and while the masses got poorer
You accumulated under everyone's nose.
AND WHERE DID THAT COME FROM?!
You shaped it. You made it. The market thinks and feels as you please.
Tom DeMark saw it coming
before Steve Nison
And they left you confused
and afraid
wondering
greedy
And they built the case for you to go short
and you felt so smart.
You would buy here.
and here
but what if?
and the fear...
...
MA 3/12 had you in the trade
all along.
The public
was losing
confidence.
What does it mean?
Where are we going?
What should you do?
Steve Nison is bullish,
MA 3 supports you,
MA 12 keeps the public afraid,
Tom DeMark is bullish
until October/November,
and most people will buy up here.
And you want to short???
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PERSPECTIVE:
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1M is becoming long term support until November. Expect explosive bullish momentum after the breakout of this downtrend line.
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1M MA12 I meant. :)
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6400-8000 profit targets?