Everyone is all in. Everyone is balls deep long. Everyone is gambling. Nifty 50 is about to experience it’s first “Volmageddon”

Everyone is all in. Everyone is balls deep long. Everyone is gambling. Tell me otherwise. pic.twitter.com/OEzpdT6AGt — Don Johnson (@DonMiami3) April 18, 2024 Correction: It should be a channel, not wedge. Today another morning rally just imploded. This function calculates the % loss each day from the day's high to the close on a 15 …

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Magnificent 7 vs Nifty 50

Just goes to show the leaders today might not be the leaders tomorrow. It’s hard to believe, I know. When you factor in everything we knew about the Nifty Fifty back then of course they seemed invincible. When you factor everything we know now of course the Magnificent 7 seem invincible. It’s what we don’t …

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Nifty is in big big trouble. Liquidity is declining rapidly and positioning is getting squeezed to the upside because people are selling stocks and buying call options. But a time will come when this meltup will turn into meltdown.

by DesmondMilesDant So basically when global CB’s raises rates to fight inflation the yields on bonds started going up. Now if the money was moving from stock market to bond market to chase higher yields then why didn’t the market crashed coz the vol must have gone up. Reason being banks create SP’s that dampens …

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Nifty is so close to topping out…

by DesmondMilesDant Caption: The 1.618 has to be the top : 21.1k Caption: Vol up, Market up = Meltup is here.   Reliance Industries is underperforming Nifty 50. Will this trend reverse? JPMorgan’s top chartist says the S&P 500 to tumble all the way back to 3,500 JPMorgan head of technical strategy Jason Hunter said …

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