3 STOCKS A DAY

$SPY Trade Idea: Market Outlook – A Shift May Be Coming Soon #3STOCKSALGOPRO IS GIVING US AN INTERESTING SIGNAL RIGHT NOW. AFTER TWO TAKE-PROFIT INDICATIONS, IT'S POINTING TO A POTENTIAL MARKET REVERSAL. WHILE EXPECTATIONS FOR THE NEW ADMINISTRATION ARE HIGH, AND MANY ARGUE THAT THE LAST FOUR YEARS WERE TOUGH FOR THE ECONOMY, THE MARKET DIDN’T REFLECT THAT WITH $SPY POSTING A 74% GAIN OVER THE PAST FOUR YEARS. SO, WHO’S REALLY GETTING IT WRONG? THE CHARTS DON’T LIE. DESPITE THE STRONG DOLLAR IN RECENT QUARTERS, WHICH I BELIEVE WILL START TO PRESSURE THE EARNINGS OF INTERNATIONAL GIANTS LIKE $AMZN, THE MARKET SEEMS TO BE IGNORING THIS. IF THE RUN CONTINUES, IT’S LIKELY TO BE SHORT-LIVED. WE COULD BE HEADING INTO A 10-20% CORRECTION, POTENTIALLY SIGNALING THE START OF A BEAR MARKET OR RECESSION. ADDITIONALLY, WITH VOLUME STEADILY DECLINING, WE’RE NEARING A POINT. THERE’S ALWAYS A LIMIT TO HOW MUCH MARKETS CAN RUN ON THIN PARTICIPATION. THE RISK OF A MAJOR PULLBACK IS GROWING, AND WITH THE CURRENT MOMENTUM RUNNING OUT OF STEAM, THE NEXT MOVE COULD BE A SHARP TURN LOWER. AS ALWAYS, THIS IS JUST MY HONEST OPINION, NOT FINANCIAL ADVICE. JUST KEEPING AN EYE ON THE CHARTS AND MARKET CONDITIONS. LET’S SEE HOW IT PLAYS OUT. (Next 3-6 months are key) Save this and judge me later.! Cris 3 STOCKS A DAY $AAPL $AMZN $NVDA $MSFT $GOOG $TSLA $META $BTC $QQQ

64,414 views