/biz/ - Business & Finance

>>9996060
That isn't a bull pennant and it isn't a falling wedge.

>>8843553
>>8843946>>8844452

From September 2014 to May 2015 the RSI bounced along across the bottom and the MACD was below zero the whole time. That is what happens in a real bear market.

Some of you guys are ok. Don't stay in long.

>>8838334

This is an obvious bull trap some of these retarded TA bullfags keep on posting TA that suggests we are in a falling wedge. We had the death cross on the daily chart. We had a bearish 10 and 30 EMA cross on the weekly chart. We keep on bouncing off of ~6,700 and getting less and less air. They don't look at long term indicators like a weekly or monthly MACD and they are not looking at the short term price action. Some of the simplest TA shows that long term we are in a bear market and most people would be best served holding on to their shorts and making sure they have the margin equity to handle the stray 10-20% bounce off of resistance.

These bullfags are going to be caught unaware when the bottom fall out of their falling wedge. It is going to be worse if they leveraged without stops. Don't make the same mistakes.