Today's Market 2/28-3/6

This week’s earnings calendar:

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UST 10yr yield now above S&P500 dividend yield.

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Will 50 day hold?

One final dip towards lower Bollinger band on Monday.

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No, they keep heading down there. No longer meaningful support. No real clue though.

Bitcoin crashing.

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Was inevitable. I bet pot EV AV and all the millennials favorites have a rough week. I follow a crypto blog. Looks like they enjoy loosing money. They are looking for bargains.

I sold most near top but I’m hoping it goes down to 30k. Looks like it might stop around 38-40k from most TA stuff I’ve seen. We are in the first dip of bitcoin halving rally. I’ll BTFD and sell at 150k. :face_with_hand_over_mouth:

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Master Wu pushing the market up?

:panda_face:

Isn’t he your distant relative?

I only know our own Master Wu @wuqijun.

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I should have known is him :woozy_face:

Looks to me, market turned up side. Still do not know anything can happen tomorrow. If closes way positive, then completely turned ! Let us see…

For me, finding the bottom is real issue, very hard to judge/predict !

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Is what I am trying to figure out.

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Master WU is in sync with what I feel for tomorrow…

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IF we get a monster payroll print and the bond market freaks out we may see 10Y pushes up to the 3’s. That would crash the market per Master Wu’s prediction.

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Finally you’re thinking. No need to add IF and AND.

He uses a combo of macro data + TA + EW.

Are you member of Team Wu now? Fully onboard with his predictions? Need to tag your post in that case.