XJO - Bear Posts only (Factors which might cause the markets to fall), page-12290

I think the bull party has been smoking the hOpium and once again trying to push things Higher... each time the US markets have ended lower (or mixed like last night). Hints coming out in many ways from things I have been following and have pointed out in many past posts.

This is the classic bull belief of a bull market but there is nothing but faith in each other behind this. Good luck to those on the long side. The markets are trying to mount a push, but I do not think there is much left in the gas tank to help it along. Not without the big players getting behind this.

You know it is over when the major mouth pieces highlight the time to be buying is now. This highlights that the best case for being a contrarian to what the narrative is especially as the data being broadcast is not positive. Each to their own.

Now it is a shorter-term patience game.