FOMO Buying Is Here And What It Means For Stock Prices

[@mei1los1]

Hi Chris,
Ehat is the name of that investing tool that you use that shows your green running higher bars that shows positive trend and those red ones when running down?
Thanks

[@TheTechnicalTraders]

I use esignal, but all my analysis tools are custom tools and indicators.

[@reallycold3991]

The market is waiting for something to happen...

[@williamblackwell1467]

Thanks Chris very good pre market report!!! Good work!!!

[@TheTechnicalTraders]

You are welcome!

[@nickfrate4396]

The market is massively out of touch. After such a long uptrend recently there should have been at least a 3% pullback under normal circumstances. The danger here for the retail investors pilling in like sheep, is that the hedge funds can at any moment pull the sell trigger and send these markets in a massive downward spiral.

[@TheTechnicalTraders]

Yup, but we are not the sheep, so I'm fine with that, nothing we can do about those out of touch with how the markets move and risk/position management.

[@nickfrate4396]

@@TheTechnicalTraders Fair enough not all investors are sheep! :)

[@chipshiner2371]

I wouldn't be surprised for a 5% down day in the next couple weeks. In fact I am expecting it. Maybe not the spy but qqq.

[@HughBurgett]

Thanks love your perspective.

[@1fjefj]

VIX so suppressed, all time highs... partying like it's 1999?

[@stablegenious]

Chris you rock man, as always. Thanks

[@johns3668]

What is the panic selling indicator is it proprietary?

[@TheTechnicalTraders]

I show how to make it and use it in my book Technical Trading Mastery - 7 Steps To Win With Logic. It's a simple formula that works pretty much every charting platform. It uses volume flows.

[@stephenbush7200]

Thanks for the update!

[@bpolat]

Thank you very much for the update.