General Discussion Topics, page-85004

Friday the 13th, exactly 2 weeks from New Year’s Eve saw the SP rise by 21%. Only a single day’s trading away from the 25.5 cents recovery level (50% recovery after the capitulation to 17 cents). If you recognised the cup-and-pattern pattern like myself, then you would’ve sensed the TA was GASPING for 25.5 cents. Of course, it’s FUNDAMENTAL factors such as de-risking by announcements and macroeconomy conditions that would determine the extent of levels hit. Perhaps 25 cents, or 30 cents, or anything in-between. However, at least 25 cents if not TODAY then very soon! (psychological level that matches with the TA indicators).

That’s the risk with trading… TA is the car that drives depending on the fuel, weather etc that is the real/fundamental factors changing. Surprisingly, the US markets initially dipped then have strongly bounced to a solid green performance. ASX futures are green… indicating sunny and warm driving conditions. Cue the racecars, Wallaby

On a side note, I vowed to never comment on personal matters since the arguments mid-2022 on this sub. But, I have a few thoughts I desperately need to share:
- no one will look after you in life. Don’t rely on others so much that you will be shattered if your trust broke. In every AREA of your life including financially here. There’s ZERO need to tell people what to say or do. Nature is brutal and many die from war every day. Yes, die. Stop being weak and wasting your time here. I hope you have mouths to feed and grandparents to see once in a quarter (so 4. times a year…) before they die. That’s how short your life is.
- literally extract the 99.99999% value from posters and not say IRRELEVANT, PERSONAL things. This ain’t a counselling forum fyi. Or, maybe you’re here to waste everyone’s time and get fake internet points that mean nothing once you’re dead. In which case to everyone else please…
- …use IGNORE. God how hard is it to act like an adult.

Apart from that, have a splendid day to everyone, looks to be green and sunny