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HeisenbergOct 16, 2025 at 05:08 am
$SPX Chart Update: The bears have a window here to do something with this wedge breakdown in the next 2-4 weeks. It's not like it's a very big breakdown, but it's a start. We all know the bulls are pesky as hell and we are likely headed back to ATH's by eoy. 7,000 anyone?! But
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CyclesFanOct 16, 2025 at 04:21 am
$SPX - Reached 6724 at the intraday high but closed at 6671 which is right under the 20 DMA so overall an inconclusive action. If we get a decisive close above the 20 DMA we may see a new high in October. If we get a decisive close below the 50 DMA we'll be in a downtrend.
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BonkDaCarnivoreOct 16, 2025 at 01:17 am
If you're wondering why the markets are dropping like a rock now & $SPX has dropped $120 in the last little while: turns out the free market & capitalists don't like it when government officials announce centrally planned economies and industrial price floors. SO CONSERVATIVE!
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HeisenbergOct 15, 2025 at 10:01 pm
If that 50% crash happens in 4 years around 2,029 when $SPX is at 10,000 and we go back to 5,000. I think most people will take it. Still ample time. lolAndrew Ross Sorkin on Stock Market Crash: “We will have a crash, I just can't tell you when, and I can't tell you how deep. But I can assure you, unfortunately, I wish I wasn't saying this, we will have a crash”
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