stock market crash

[AtW]

The stock market has risen by 40% and therefore it is "officially" a bull market. Bear market rallies don't go much beyond 20%.

Squiggly lines or it never happened

[jamesbrown]

Did Scooty confirm this?

I called the Thistle, but he's still crying and won't come to the phone.

Another few months of the bull market, I reckon. I expect the markets will become more nervous as we approach the autumn, absent a vaccine.

[SeededLoaf]

I'm not convinced there'll be a stock market crash now, not during this election year. Perhaps if central banks weren't buying junk.

Also the Oxford vaccine kinda works. It stops pneumonia so it'll be an effective flu jab?

Strap yourselves in for a ride to button moon.

[jamesbrown]

I'm not convinced there'll be a stock market crash now, not during this election year. Perhaps if central banks weren't buying junk.

Also the Oxford vaccine kinda works. It stops pneumonia so it'll be an effective flu jab?

Strap yourselves in for a ride to button moon.

If it dies out one way or another (effective vaccine or effective treatment), we're definitely heading to the moon with the amount of QE floating around, but we'll then be a moon away from the real economy too (who cares though :flipsdollars).

[scooterscot]

The stock market has risen by 40% and therefore it is "officially" a bull market. Bear market rallies don't go much beyond 20%.

A bull market requires two conditions:

1) Price action above the 200-day moving average.

2) The 50-day moving average crosses the 200-day to the upside.

Without both of those conditions, you do not have a bull market.

By way of example... the Nasdaq below made a death cross and a life cross weeks later. But the conditions above were never met, technically the index never entered a bear market and remains in a bull market.







On the other hand we have here the FTSE 100. You can see both conditions are met, 50-day crosses the 200-day to the downside and price action is below the 200-day. This is a technical bear market.

The rally to the 200-day is very typical when entering a bear market. Price action comes up to test it as resistance. If confirmed, there'll be a horrendous move to the downside. And they we'll have a truck load of folks who were previous calling for a V shaped recovery saying, told you it was not.

If price action moves through the 200-day, it must confirm it as support.

All very simple really.

[scooterscot]

I'm not convinced there'll be a stock market crash now, not during this election year. Perhaps if central banks weren't buying junk.

Also the Oxford vaccine kinda works. It stops pneumonia so it'll be an effective flu jab?

Strap yourselves in for a ride to button moon.

Do you want to make that bet real? $1k say?

[TheGreenBastard]

A bull market requires two conditions:

1) Price action above the 200-day moving average.

2) The 50-day moving average crosses the 200-day to the upside.

Without both of those conditions, you do not have a bull market.

So emotional; redefining things to fit an emotive position

Do you have a citation? There's no concrete definition - but it's loosely accepted as a 40% gain.

[AtW]

Do you want to make that bet real? $1k say?

Like you keep your word

[ChimpMaster]

Do you want to make that bet real? $1k say?

I'll bet you 10 of your them there Bitcoins, against 10 of my marvellous magic beans.

[scooterscot]

Like you keep your word

Make the bet on a Ethereum contract.. my stake is no longer in my control. The oracle then decides whether the real world events took place or not and completes the contract.

Trustless contracts. Are you getting it yet?