Is Market Risk Gone with AI and Fed Minutes?

The market started to recover after Fed minutes yesterday and rebound in premarket trading as Nvidia earnings beats. -------------------------- Is the market risk gone? Or is it a bull trap?

Yes, Rebound.

67%

No, Pullback.

33%

avatorDan1192
$S&P 500(.SPX)$  has had a bad day yesterday as we know it, probably triggered by the latest inflation related news. I may be wrong, but I will be surprised if this is the start of the reversal.  Rather than a technical analysis, I will explain from a macro level perspective. Everyone had a good weekend, it was the superbowl, it is the start of the Lunar New Year, Joe Biden posted on Tiktok, new Marvel deals, it's the Dragon year, more Feds on a 'no landing' Feds outcome, etc. As hard as it may seem to be, this is a temporary pullback, everyone is ready to move on again, everyone has accepted the inflated prices, the shrinking portion, the dystopic reality.  The emotional buying and spending
avatorTRIGGER TRADES
$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ should be nearing completion of the 4th wave, if not already complete.If SPX declines to 4910-4900, that is expected to be a strong buy for the 5th wave rally.The final 5th wave has rough targets of 5090-5140 to be followed by a multi-week pullback.ImageWe NAILED the top as we expected SPX to begin the fourth wave decline at yesterday's highs targeting 4938-4908 🎯Price got slaughtered today reaching those targets in ONE SESSION ‼️Everyone knows whats next 🚀ImageImagehttps://twitter.com/TriggerTrades/status/1757570763081633918
If $SPX declines to 4910-4900, that is expected to be a strong buy
avatorKYHBKO
Market Outlook - 26 Feb 2024 Technical observations of the S&P500 1D chart: The MACD indicator is showing an uptrend having completed another top crossover. Chaikin Money Flow advises an uptrend. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above both the MA 50 line and the MA 200 line. Thus, it could be read as bullish for the long-term and mid-term. Exponential Moving Averages (EMA). The 3 EMA lines are moving in a fanned-out pattern, thus implying an uptrend. I have replaced Stochastic with CMF as I wish to incorporate consideration of volume. Stochastic and MACD are similar with Stochastic being “more active” and more capable for “false” signals. From the 1D technical indicators above, there are a total of 22 (Buy), 0 (Sell)
Market outlook (26 Feb 2024) - S&P500 using 22 technical indicators
avatorLongmanlee
Last round of euphoria  or bull trap yet occur and current sell off is just a normal 2 or 3% pullback before the market surge higher
avatorHuanAK
pullback should be similar to Feb/March 2023, it wont be straight line, with lots of up and down.
avatorskythelimit
$Nasdaq100 Bull 3X ETF(TQQQ)$ Shorties, ignorance has never been happiness[LOL][LOL][LOL]. You are cursed for lying. This is just the beginning of Q1. CHINA and USA joined forces Q1 bulls . Buy $Tesla Motors(TSLA)$ and you will benefit, $SPDR S&P 500 ETF Trust(SPY)$ above 505 tomorrow. Expect 580s by end of AprilBuy TSLA , above 200 in AFTER HOUR todayspace shuttle rocket GIF
avatorlonglive100
$NASDAQ(.IXIC)$ $SPDR S&P 500 ETF Trust(SPY)$ $S&P 500(.SPX)$ The Federal Reserve will cut interest rates this summer. This will cause stocks to rise[Happy][Happy][Happy]. This is the time to go long before stocks lift off. Right around the times elections begin.Buy buy buy! AI revolution. This is good entrance after $NVIDIA Corp(NVDA)$ dip. Get in. Time in the market is more important than timing the market.[Smart][Smart][Smart]
avatorin_deep_red
Its a normal pullback. Market has been running hot for 5 straight weeks with added AI frenzy. This had to stop.
avatorKok
This should be a small pullback. Economic data suggests that everything is going well. But the markets have run up too high n too fast. It needs to take a breather. Long term investors will still stay in the market but swing traders should be looking to take some profits off the table and wait to get in again for the next leg up. I'm predicting a small pullback to about 4800 for the SP500.
avatorin_deep_red
Its a normal pullback. Market has been running hot for 5 straight weeks with added AI frenzy. This had to stop.
avatorXianLi
$Invesco QQQ Trust-ETF(QQQ)$ $NASDAQ(.IXIC)$ The IMF’s recent updates offer a glimmer of hope, projecting a slight uptick in global growth for 2024, thanks in part to easing inflation and advancements in artificial intelligence (AI).[Happy][Happy][Happy]Well I think the correction is over now. I was thinking a bit more would be healthy. $NVIDIA Corp(NVDA)$ delivered with even ridiculous expectations and they have investor meeting s in a few weeks. More hype coming. The market is bloated but has more firepower with 6trillion still on the sidelines.[Smart][Smart][Smart]​Its Happening Ron Paul GIF
avatorwindy00
The black arrow/path is my near-term forecast, I expect price to trade along this trajectory. As the title indicates, the market is near-term bullish but don't enter long or add until Feb 27th for the following reasons: $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ 1) chart perspective: The structure is setting up for a sustained break of 5039 to make a final leg higher to complete a smaller degree wave 5 (I didn't draw the Elliot Wave Count in my chart, just trust me that we just completed a smaller degree wave 4 and are looking for confirmation that 5 has begun). Price will continue slightly higher for the next 1-3 days (2/22-2/26) and then consolidate - likely forming
Bullish But Wait Until Feb 27th to go Big Long
avatormasrio putra nanda
While recent tumbles sting, I see this as a healthy market pullback, not a reversal. NVDA Earnings: While crucial, a single company's call rarely dictates long term trends. Look for broader economic indicators for clearer direction. Election Jitters: Yes, they exist, but historically, market dips in election years are shallow and followed by rebounds. Technicals: Key indices remain above long-term support levels, suggesting underlying strength persists.
avatorSamlunch
Likely we will have a small pullback.  Based on statistics, there are on average 3 pullbacks of 5% a year and on average 1 pullback of 10% a year.  Expect a slight pullback then be ready to go long once we see a bullish candlestick pattern.  Lets all huat together!
avatorFinarich
While recent tumbles sting, I see this as a healthy market pullback, not a reversal.  NVDA Earnings: While crucial, a single company's call rarely dictates long term trends. Look for broader economic indicators for clearer direction. Election Jitters: Yes, they exist, but historically, market dips in election years are shallow and followed by rebounds. Technicals: Key indices remain above long-term support levels, suggesting underlying strength persists.
avatorOptionspuppy
**Navigating Market Volatility with Saitama's Perspective** 💥💼 Alright, let's tackle the market turbulence like Saitama tackles villains – with one punch! $DJIA(.DJI)$   **Is the market risk gone?** Market risks are like the never-ending stream of monsters in Saitama's world – they might seem subdued for now, but there's always another lurking around the corner. The Fed's minutes might've calmed things down momentarily, but we can't let our guard down just yet. The market's like a training regimen – it's tough, relentless, and always testing our limits. 🦑$Prudential(PRU)$   **Will the sell-off continue?** Just like a persistent foe, the sell-off might keep
avatormelson
the us bull market can last for 4 years to more than a decade while the us bear market usually last for a year or two. if you look at the pnf chart for $SPDR S&P 500 ETF Trust(SPY)$  you will notice the bull market is usually very long, much longer than the bear market phase.  institutional investors are normally 6 months ahead of retail investors in positioning for a bull market before the fed cut rates. you can observe from the spy pnf chart that the bull market has started even before the fed started to cut rates.  let's take a look at the leading indicator of us market, the $FTSE 100(.UKX.UK)$ . you will observe that the ukx made a breakou
avatorAyKing
I opened $SPY CUSTOM 240430 PUT 494.0/PUT 476.0$  ,In the weekly chart, stochastic is showing an overbought region. In the daily chart on 12 Feb, a bearish candlestick was form. These may suggest the price is due for reversal. A more safer entry may be is to wait for price to close below the recent high of $480. For me, I am willing to take an early trade, hence, open this trade in view that a technical correction is set to due soon.
avatorVincent Chua
bull run for a while
avatorYNWIM
$S&P 500(.SPX)$ Market is trading at 195% over GDP hahah[LOL][LOL][LOL]GPD = populationPopulation has to double to sell enough products to justify current valuations and it aint doubling within 10 or 20 years.All these AI and tech etc etc thati s just new features, like better camera or google translate $NVIDIA Corp(NVDA)$ has nothing to do with the markets, may be folks are using their cards during the AI craze, but that is slowing down already as we see as this AI is just a feature and does nto lead to increased SALES since increased sales are made byh PEOPLE, aka population, and those people did not just double LOL[Sweats][Sweats][Sweats]
avatorLowZackM
$SPDR S&P 500 ETF Trust(SPY)$  INFLATION IS BACK 😨
avatorBarcode
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avatorWeiz1987
Yes I found it now what I start with 
avator中蓝的中榕
yes , all in easy long , start rolling the dice now