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Y’all ready for the notion of “el penetrationê”?
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GG. Its over. Financial Crisis confirmed.
10yr just closed above 4% – first time since 2009.
So Monday it’ll dump harrrrrrrrd
It’s gonna drop faster than Wendy Williams when she passed out…
Don’t worry babe, it’s just the tip
only times over the last 75 years that approaching/ touching the 200w ma didn’t signal the bottom: 2008, 2002, 1974, 1970
​
Times approaching/ touching it did signal the bottom: 2020, 2018, 2016, 2012, 2004, 1994, 1990, 1987, 1982, 1980, 1978, 1968, 1966, 1962, 1960, 1958, 1953, 1949
​
so you gotta ask yourself, are you feeling lucky, punk?
It’s been under the 200 since April 22nd…
Puts at open confirmed
Yes daddy
Now look at this chart for 2008 financial crisis and dot com bubble burst. Guh
Looks like it’s ready for a huge reversal based on your little chart
Cash gang waiting for duty
Xmas rally incoming 
Bullish
You thinkin’ I should sell all my stonks and buy SPY calls first thing Monday?
El bouncy
As far as I can tell this is worse than COVID, the COVID bottom might not even be the bottom here- it was a panic sell and not a needed market correction to extract liquidity from silly places like TSLA.
El penetratione de la watermelone
looks like it bounces HARD when it goes below that right?
Big ol bounce coming. You really think they’re going to let this fucker crash post COVID when they spent two years propping it up?
Don’t get me wrong, we have room still downward, I was looking for 3200 as bottom, but I don’t see this as a crash, to me it’s a correction. Should have never been about 4000, that was all hedgies setting us up for a bigger pull with cheap money.
I never understand why people don’t zoom out more. Optimistic I guess.
So calls it is then.
Rocket fuel
Fuk u bets will be past 35000 lol eat shit
Post like this make me want to hop back into calls.
This place is like Jim Cramer on steroids.
Don’t stop til you reach the back of his teeth
Hopefully dumps as quick as when covid happened, inflation is crushed and then QE can resume with a fresh bull run
Aye Papi! Que grande…y duro!
penetrate me daddy
Beartrap? 
From the looks of the chart on basic structure on weekly to monthly this is deferentially not turning around any time soon . On candle to candle basis I would only start buying $SPX again once weekly price closes above 3648.44. But depending on what price does before then could indicate otherwise. will just have to keep checking at the end of each week!
Futures closed 2 points ABOVE the weekly 200sma, tune in next time on Bearin’ Bull Z.