Market Analysis 10/24
Clearly, these markets are so unpredictable. 🙄Who would have thought that…well, BTC and SPY could both reject at the 4H 200MA? Doesn’t mean I want to trade any of this stuff right now, I’m sleeping on puts just waiting for the money to come in.
GEO is up, AAPL faking, META crashing as the chucklezuck deserves. couldn’t happen to a more accurate narcissist.
What’s changed? Nothing. We’re floatin on air up here, and the bearish trickle that comes down is acid rain. Most things look really bad, and we’re heading into recession and depression.
Bitcoin convention influencers (the bad kind who can’t do TA) are notably still immensely bullish right now. So denial and copium have not set into place yet. I’m not touching anything involving crypto.
Sit tight, enjoy the ride, take a nap, learn new things, go outside. 😪 This is a bot market mostly and not a people market. Not a good time to average down if you have a long timeframe, but absolutely the worst for anything in the next couple months.
New to trading? Try crypto trading bots or copy trading
