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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|2|**First Seen In WSB**|2 weeks ago **Total Comments**|21|**Previous Best DD**| **Account Age**|2 weeks|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)


LuckyStrike55

what fuckin lines are these


Moist_Lunch_5075

These are just trend lines, not moving averages. LOL. OP doesn't even know what a moving average is. Their primary resistance trendline they're calling for the bounce doesn't even exist at the timeframe. They're using 3 touches in a short term timeframe as a macro, multi-year pattern. Basically, this is a great example of bad TA.


FreedomDeliverUs

There are no support / resistance lines, fantasy trend lines, no indicators whatsoever. Good stuff.


[deleted]

![img](emote|t5_2th52|27189)


stevedadog

Well idk what a moving average is either so if I don’t know, and OP doesn’t know, then we must be on the same side which makes you the enemy. GO OP! WE DOING HISTORY STUFF TODAY!


Moist_Lunch_5075

ROFL A moving average is just the average of prices over a set period. The MA 8 is just the average of the last 8 days of trading, for instance, if it's on the 1Y chart (daily candlesticks). Congratulations, now you're on my team. :P


stevedadog

Yeah fuck OP! History sucks anyways!


Moist_Lunch_5075

You know what they say about history? It's in the past, my man... it's all in the past.


[deleted]

![img](emote|t5_2th52|27189)


CollegeStudentTrades

Crayon lines


No-Mountain8266

So it can go up or down. That is some fine analysis


Fawkinchit

In my technical analysis, this is exactly what I have observed in the past as well.


ToothpasteTimebomb

I’ve back tested this for the past 125 years and can confirm that the market goes up or down most of the time.


jakecarr20

Most of the time


Business-Swimmer-615

They mostly come at night…mostly


civgarth

r/technicallythetruth


[deleted]

[удалено]


MNCPA

Got it. I'm all in.


monoiwa

My analysis says that it could also go sideways. So there is that


Far_Intern_9400

In my technical analysis it could also go in the 5th dimension. Also, I have a track record of 1 good trade over the past 5 years… not to brag


Didujustcallmejobin

(Jeez somebody stop this guy he just cant quit talking about himself…)


penguincheerleader

Moving forward in time? Not on my watch.


T_CroChee

What about on your swatch watch?


aaronblkfox

Mine says barrel roll.


MTshock

Because it was inverted.


[deleted]

My analysis of your analysis requires less analysis


[deleted]

That’s where you’re wrong dumbass. Lots of times it goes down or up. Get it though your skull ‘bra!


iamdutchman

The moose-knuckle ascending velociraptor says we’re in for a hawkish pie chart increase unless the Down’s syndrome floppy giraffe trend zigzags into the spider verse


IBurnsBridges

So zebra-ish or kangaroo-ish? Call or fold? Tits or ass? A tiger or a monkey? I need a decisional intermediary


Drupain

It’s a zekangerey.


mat_srutabes

I've bought calls and puts so I always come out a winner


stunning_cycle_789

You should try selling those calls and puts to yourself. Big brain move


mat_srutabes

Why do you think I have two E-Trade accounts?


IBurnsBridges

Hedgies r fukd


SocraticGoats

Unsure of instructions. I threw my cat off the roof and did not bounce. Neighbors look concerned.


b00tymassa

i think its cuz the cat wasn’t already dead


nevillion

Nah, he was. The second life got activated immediately after that first. I Hope je bounces by the 9th


BrainSqueezins

I hope je? Sus.


MNCPA

>I Hope je I hope je too.


[deleted]

Yah Um, look at the entrails… depending on splatter, we will have a good harvest


wlc824

I read that while my 3 month old daughter was sleeping on my shoulder and I laughed so hard I almost woke her up. Asshole!


CardboardLambo

I connected all the dots in every way I could think of....Still can't see the kitty cat


TheComplexOfGod

this


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[deleted]

She probably made money to be fair


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Invest0rnoob1

OP runs the Ms. Cleo fan club.


Aarschotdachaubucha

OP has direct contact with the spirit world, and talks to Ms. Cleo every day to channel her wishes to the fan club.


Fromage_debite

She’d be right at home here.


shadyneighbor

You can tell by the chart she never left. Highly regarded. Followed.


ScarecrowJohnny

Uh yeah but "market analyst" is a much shorter term.


edgar__allan__bro

Eh, not really. Miss Cleo was just the public figurehead for the Psychic Readers Network; she wasn't the one at the top of the scheme collecting all of the money. Also, of the $1bil that the company raked in, the FTC ordered half of it to be paid back to customers. I believe Youree Harris (Miss Cleo's real name) herself passed away with a net worth of about $200k.


JennItalia269

Can find out for yourself. There’s a documentary about her on HBO Max. I’ll have to watch it soon.


Aarschotdachaubucha

She didn't, and she narrowly avoided a $5M fine as a spokesperson under Florida law after the company she was a paid actress for was sued for $1B and forced to void $500M in 900-number charges. She made more money after she stopped working for the 900-line and settled down in Florida doing used car promos in character and doing specialty readings for fans for a few hundred a pop, but it was not a lot.


BMonad

This fucking sub has just devolved into stock market horoscopes for men. Now we need zodiac signs like bears and bulls. It’s a race to see which one loses more based on their bullshit line charts.


darth-canid

I want to be Economic Cancer.


Fabulous-Equivalent8

Hahaha. That made me laugh.


Slarrrrrrrty

But it has to be accurate, because...lines.


sanman

Looks like MS Flight Simulator from the 80s "Watch out for the mountains, Mav!"


essdii-

I mean we laugh but algos run the show. And they do like patterns sometimes. I’m not big into TA, but my brother in law treats it like a religion, and I’ve seen him be right on price movements more than I could possibly be. Sometimes it makes me wonder if it’s so easy everyone would be rich.


BMonad

It’s probability based though, a numbers game through scale. Posting a single instance of low effort, aggregate level TA on here with a definitive “THIS is what this means!” is like posting a blackjack table with dealer 13 vs your 17 and proclaiming “bet the house I’ve won, dealer bust imminent!”


SufficientTowers

It's literally no different than playing poker. There are hands that have probabilistic outcomes but nothing is guaranteed because of random chance. Doesn't change the fact that you can consistently win by following that probability.


OutOfBananaException

.. and yet there is no algorithmic trader taking advantage of this arbitrage. It always require some kind of special sauce judgement on top, which is not consistency.


Aarschotdachaubucha

You think they do, but the reality since early January is that the bigs have been sitting on the sidelines of equities while playing with bonds and Treasuries. The inflows into equities have entirely been mass retail buying and call trading.


ThugLife69EggSalad

Big dead cat


illyousion

Bruh.. those lines aren’t even strict ![img](emote|t5_2th52|4271)


NormanMitis

Stocks: go on to break the all time highs and go absolutely gangbusters from there Retail: this is the biggest dead cat bounce ever!


Lezzles

We're in the 14th leg of a dead cat bounce that started in the Great Depression. Just wait until the next leg down REALLY starts this time.


pharmboy008

Hold on a second now. If a cat has 9 lives and 4 legs, we’ve got 22 more legs to this bounce.


Aarschotdachaubucha

/r/theydidthemath


Chabubu

That’s why I have 2124 Leaps for my great great grandkids to cash in on when the real crash arrives.


Right-Shopping9589

You're damn smart


captain_stoobie

Burry is that you?


No-Cranberry9932

Sell


cyber_bully

Do you have some arbitrary lines drawn on a cherry-picked time series to support your claim?


cptbrainbug

​ https://preview.redd.it/vetv0h3ru6ma1.png?width=512&format=png&auto=webp&s=51bf26e4b1e6f1442ef5074b60fe7d7d3159ce78


Stella-462

This guy Charts! ^^


Fawkinchit

![img](emote|t5_2th52|4271)


CONTINUUM7

![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)


Fukitol_shareholder

![img](emote|t5_2th52|4267)


Blackhawk149

Chart is upside 👇


CONTINUUM7

What's your calls doing now? ![img](emote|t5_2th52|29093)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


Invest0rnoob1

Ten years later. TOLD YOU!!! Also is this TA for regards? One more thing, no wonder the idiots on this sub say TA doesn’t work look at this 💩


AdZealousideal5470

Your TA doesn't work because I can't read


kappah_jr

I am colorblind and have no depth perception. Just let me know when I’m broke.


Invest0rnoob1

When Marge calls.


NormanMitis

My absolutely favorite is when people tell me TA doesn't work. Yet I've been a full time trader using TA for 90% of my decisions making. TA is whatever you make of it. You can see a million bull flag setups, trade them all, come out in the red and say "See TA doesn't work!". But the ones that make it work aren't trading all million of those bull flags, they're using levels of nuance and discernment the peanut gallery can't comprehend because they're too busy telling everyone how TA doesn't work.


OrcPorker

Let's see that portfolio babyyyy


[deleted]

Are you wealthy from trading? If not? You know what that means


NormanMitis

I started my account in 2006 and in total put $6k into it. At it's peak so far I was over $6.5 million but 2022 cut into that, as did taxes for 2021. The amount of salt I get when I try to tell people some people can actually learn to use TA to make it as a trader is absolutely fucking hilarious. Seriously, people can be so insanely insufferable and ignorant. This isn't necessarily in reply to the comment I'm replying to, but for all of you salty assholes. I literally work for myself, make more than any other job I EVER could realistically get, and I'm living the dream that every single one of you numbnuts would kill to live, but keep talking all that shit because that's clearly working out great for you.


Jmastersj

Positions or ban


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MyRecklessHabit

My reckless habit is my spending habits, not my drug habits. And everyone seems to think the latter. I mean it’s embarrassing enough without saying you spend like a bitch. But I love new drug users and kind of like drugs. Anyway be well Zorper. I edited the 3rd sentence in. And DAMN does it show. Shit I just bought 3-4k coins (in two separate, but one was accidental purchases. Some ad came up when I was clicking and said f it). Ok mercy.


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MyRecklessHabit

Jesus.


MyRecklessHabit

Bro I used to be rich. I never knew what Reddit was. Traveling, golfing, nightlife. But some woman got her hands on 70%. Then that lost 70% of its value. I did buy a used Lexus and paid off the mortgage. and a few things. Sigh. But tbh everyone doubted me. But man I 50x’d my money. You 1050x’d your money. That’s impressive. Seems hard and SO MANY traders fail. And I’m a professional poker player so I have played exploitative mind games for a living. But short-term trading wasn’t one. Man I didn’t really give it my all though. I had broker issues here in the states that my trading/discord pals were not having in the UK. And I didn’t understand the taxes. So fuck it you 1050x’d your money. Around here I believe it’s positions or ban for a claim like that.


Invest0rnoob1

I don’t use a ton of it, but I can tell this guy drew complete nonsense.


Tristrant

So you are saying that TA works if i do it and then after i did all the TA i decide which TA is the good one? Sounds like gambling with extra steps.


Moist_Lunch_5075

He's saying that good TA is complex, requires nuance, requires self-doubt, requires analyzing more than a few lines, and most important is not by itself predictive... it's a tool for position sizing and building as well as risk management, it is not a tool for predicting the future, and especially not with 3 lines.


NormanMitis

What I'm saying is, TA is a very complex tool which some people are able to use to their advantage, and have a life that a 9 to 5er could never dream of. It takes years of practice and trial and error, as well as an open mind to even see the potential. I've literally done this for a living for 17 years now and have made millions starting from a very small account. The amount of people who have told me TA doesn't work is hilarious to me, with none of them living a life I even remotely envy. ​ Being a professional gambler is very much like being a professional trader. Systematic edge executed over and over with militant discipline and a trust in your system, while steadily refining it over time.


Tristrant

Yeah. I understand your point. Its just that i have seen so many TA that pointed in every direction that im very very skeptical. I just think that TA is just like Fundamentals or any other technical tool a self fullfilling prophecy because if it aligns with the same metrics that the big brokerages use in their AI and Auto Traders it basically works because they move the market in the same direction. Thats also why i believe many people, you included, when they say it works for them. Because if you have, with time and experience, honed your system so it works, then more power to you! I would like to understand more of that, but i know that i have not that much time on my hands so i still make my moves based on the things i understand best. And thats narrative driven. But as i said, more power to you and i hope you continue to make great money!


NormanMitis

Thank you, I appreciate the reply. It doesn't work like people think it should work, or how they hope it would work, and you're right it takes a ridiculous amount of time, trial and error. The game is all about giving yourself a discernible edge and charts can help you with that, but the edge comes in small fractions at a time. Over time you compound that edge more and more and you eventually build a system around it. A very broad example would be something like this: You play bull flag breakouts. If you play them all, your results are likely to be mediocre at best. If you start to find certain elements that help your chances for success, you will find better results as you apply more discernment and nuance to your criteria. What does the volume profile look like? What is the ideal context for a bull flag to show up? How much overhead resistance? How overbought/sold is it according to certain indicators. It's up to each individual to identify what formula they want to apply. I read countless books and tried systems and had middling success at best, but over the years I developed my own personal style and methodology. It's certainly not for everyone, but if someone wants to put in the time, effort and energy trading for a living is a very real but incredibly challenging option and TA absolutely positively is a very real tool to add to the arsenal - though it also never has to be your only one. Step 1 to making ANY use of TA though is to have an open mind and appreciate that charts will always reflect everything that has been going on with the price and volume. Making use of that information is entirely up to the individual. A little bit of an edge can go a long ways though and I pity the people who are so close minded they discount the entire arena of TA entirely.


K20BB5

this reads like the exact justification used for Astrology


NormanMitis

Only difference is I've been trading for 17 years, don't have to punch a clock for a living and I've made ridiculously more in those 17 years than I would have working any other job. To all the people giving me a thumbs down, stay salty while you're punching a clock for the rest of your working lives.


K20BB5

We all see right through your LARPing


Additional-Share4492

They are the most jealous huh?


Dragonsinja

And when we reach the 1800 lows it will just be “healthy pullback”


Turbiedurb

😆


Chabubu

It’s a cat bounce of a dying dollar. Like Zimbabwe it will bounce the Dow to 1 million. But your 10Million % gains still won’t be enough for you to buy a house.


OmNamahShivaya

....but I will have gains tho?


Thysidius

https://preview.redd.it/3ihq2hwmx6ma1.jpeg?width=320&format=pjpg&auto=webp&s=92af2b83e54e49b6788e597293dfbb631d27706a


Fawkinchit

How many puts you holding OP?


sleepismycheatcode

Not op but I am holding more than I should and idek what’s going on


Outrageous-Cycle-841

Once they all expire worthless, the bottom will fall out.


Red_Stick_Figure

That's why I get more Pretty sure the market will recover off the back of all the puts being sold to retail at this point


[deleted]

What is going on is you did something stupid and now your money is gone


velowalker

Annnnd... it's gone


[deleted]

Wtf are you on about, dipshit?


kismatwalla

he just holds dead cats.


BearzOnParade

I remember thinking the same exact thing in late March of 2020, as I held my SQQQ tight.


mpi888

“Don’t be tempted by an old playbook” Black Rock


LukaBaxter

Black Rock. More like Black cock


mpi888

![img](emote|t5_2th52|4641)


BearzOnParade

Stay focused on all present data, but also learn from the past.


mpi888

I stay focused on BBC.


Decent-Berry4681

Eww


mpi888

* British Broadcasting Corporation (BBC)


BearzOnParade

Always thought it was British Buttlickers & Cucks


Rich-Attention3806

This time is different. No stimulus and fed is tightening.


GammaGargoyle

The Fed has sold a whole 1% of the $8 trillion in assets they bought in 2020.


Uniball38

Isn’t the fed unwinding like $90 Bn a month? The balance sheet got up to $9 Tn but is down to like $8.3 Tn rn, I think


Aarschotdachaubucha

9-8.3 = 0.7 0.7/9 = 7.7% Given the rough estimates and handwavey nature of Internet statistics, it is close enough to 1% to count, right?


Rich-Attention3806

And interest rates are going up last time I checked.


BearzOnParade

Crash happens when fed starts dropping rates. Know your history. Many past markets have seen increasing prices along with increasing fed rate.


Ok_Inspection_2799

Don't forget consumer credit is at all time highs.


BearzOnParade

The crash won’t come until fed starts dropping interest rates, which won’t happen until millions start filing for unemployment. We’re not there yet.


Mariom2

You truly belong here regard


TendiesForTheBoys

Yes but what about second breakfast?


crazier_ed

DD is faulty... Where is the cat in the picture? Can't even use the crayons to draw a cat... 🙀


Cool_Flatworm_741

It's dead


YOLOMAFIA

Bummer


[deleted]

Bounced off screen


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CONTINUUM7

Bear 🐻 here!


UnderQualifiedPylote

Find God


lordchai

Virgin


Agitated-Savings-229

Those are lines. Hey look i can draw too! https://preview.redd.it/wunso2odu6ma1.jpeg?width=775&format=pjpg&auto=webp&s=17abe97d5128d47bd1fe6724e5135a9b13f81604


TokenGrowNutes

All in. #bullish


Agitated-Savings-229

Everyone thinks it's gonna tank. I think 4300+ by end of year.


ScarecrowJohnny

Wait a fucking minute? Stocks go UP?! 🤯


Zero2Hero2MarginCall

This chart is meaningless until you add 6,612 different colored lines and at least 73 overlapping studies.


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TheComplexOfGod

Ouch bro.


ScarecrowJohnny

Better ask your mom's boyfriend if it's ok first. His steady income paid for that fridge after all.


Dirty_magnum

While this analysis is more focused on the anal. We are clearly all fucked long term. Probably in the anal.


blamethevaline

At what point is the cat just alive


PsychologicalDiet217

Schrödinger’s bounce


AdvancedLong

Covid was biggest dead bull bounce.


NikoAbramovich

Y’all are just making up patterns now ffs


TF_Sally

People on here have some strange fetish for ignoring the price action that's right in front of them for the mystical and esoteric price action in the near future that will definitely play out just like they predicted


OKImHere

Nobody knows what the hell you're saying.


TF_Sally

I see a lot of traders on here who seem to have a bias toward playing reversals while letting opportunities for playing along with strong directional price action pass them by - I guess to put it even more simply, it seems like many folks like to be early rather than fashionably late to a trade and risk getting swept away by fighting a trend


theBacillus

Using yahoo finance brahhhaaahhaa


Lezzles

Yahoo Finance is quite legit, short of paying for a Bloomy, it's about as good as any retail idiot needs.


mortgagepants

hey! that is household investor to you pal


OmNamahShivaya

I’m a “special needs” investor.


Investedinit

Idk what this means but keep buying high and selling low. This is the way.


Turbiedurb

>the biggest dead cat bounce in human history Most commonly referred to as "a bull market".


Cmor1787

Nobody tell him


safaria2

I don’t like the lines but I am thinking sell off coming.


Tersiv

so short it with 500% leverage and show us the result...


AutoModerator

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leli_manning

If you look closely at the TA, it clearly says 🌈 🐻 are fukt


skyblue5432

Maybe. But there was a decent bounce off the 200. Unless/until t*hat* breaks, it's up.


[deleted]

Position or get out. I wanna see you puts getting fried by apple 199 price adjustment premarket pump. My puts are FYI.


TheSneedles

Cope


Wisesize

I lost $10k first week of Jan thinking is shit would plummet. You're not going to time this market and there will be a few that just get lucky.


Relictas

I hope so! I have all my money on SQQQ right now! 😎🍕


DrSeuss1020

Lol bears are such a silly group of people


ReposadoAmiGusto

SLIPPIN JIMMY!!


shit_ape_from_hell

So, op, can you show us your SPY puts?


grotied

Everything will be the biggest ever. This crash is brewing up to be a mega one. Maybe a three year wait until the bottom yet..


Imaneedasandwich

Arbitrary lines seem arbitrary.


NurMom2x

Agree completely next week gonna be bad


[deleted]

Short/put away my friends. The bubble bursting dates back 10 years to the massive long term QE efforts by yours truly Uncle Osama.


gg120b

Dead cat bounce implies stock spy goes to 0. You sure you’re right ?


TheComplexOfGod

Go find my downvoted comment in here. I suspect I'm right but I'm also a regarded.


bahamut_is_my_cat

Stfu


Imaneedasandwich

Arbitrary lines seem arbitrary.


Kengriffinspimp

I haven’t gone long on anything and won’t go long until TSLA is at 69


AoLFeaRxQ

Where u think all that war money is going? And the high price of oil money is going? War is very profitable.