NorthCast Market Update: Bull Trap?

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  • Опубліковано 8 вер 2024
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КОМЕНТАРІ • 51

  • @jeffp9096
    @jeffp9096 3 місяці тому +25

    Excellent update Sven. Thanks for taking the time to put such a comprehensive and detailed video together. Very useful!

  • @jonathanmarsh9752
    @jonathanmarsh9752 3 місяці тому +6

    I really like your assessments and how you present both cases. I originally saw you on one of Adam Taggarts videos and I have been impressed by all of your calls and signals you have presented. Keep up the great work!

  • @dereksmith3779
    @dereksmith3779 3 місяці тому +5

    You're one of the best technicians in the business

  • @Finom1
    @Finom1 3 місяці тому +7

    Sven, Bless you for sharing your many years of technical analysis with us:) We ant more:)

  • @sptrsttradr4918
    @sptrsttradr4918 3 місяці тому +3

    Thanks Sven for always being the voice of reason and for those of us in the States...thank you to all that serve and especially to all those that have given their lives for us

  • @user-ig8du7zk9h
    @user-ig8du7zk9h 3 місяці тому +2

    Thank you very much! Right or wrong, always the most interesting. Never, ever fail to learn something. True talent. Stefenin

  • @martinmurray1451
    @martinmurray1451 3 місяці тому +4

    I always look forward to these videos - thank you sir.

  • @Chocolate_Croissant
    @Chocolate_Croissant 3 місяці тому +3

    I am glad you said a few things that are really important: negative divergences do not matter until they matter. excellent reminder to know where oyu are from a birds eye view. you do not need high volume to make new highs or new lows. we have pushed into new bull markets on what would be considered low volume and we have pushed into downtrends on low volume. High volume at high's can signal tops with capitulation of shorts and high volume at lows can signal bottoms with capitulation of longs.
    hahahaha "don't call me a permabear again" good stuff keep up the great work

  • @ColinTalksCrypto
    @ColinTalksCrypto 3 місяці тому +3

    Hi Sven,
    I just wanted to say thank you for your videos. You are very good at explaining in a clear manner, and you back up your points well with charts and data.
    I wanted to share something I noticed, and see what you think. In addition to the many bearish divergences you shared, it appears there is a *massive* 2.5 year bearish divergence with the $XVG and $SPX, from December 2022 to May 2024.
    This is the 11:40-13:45 section of your video.
    What's your take on this?

  • @AM-jo2wl
    @AM-jo2wl 3 місяці тому +2

    Fenomenal calls you have made......much respect!! Thanks!!

  • @christophesiewecke9208
    @christophesiewecke9208 3 місяці тому +3

    Insightful as always! I wonder what kind of time horizon the potential "bull trap" would be for? We could start a pullback tomorrow, or it could be in July. What do they say about market timing? Early is late? Early is bad? I genuinely can't recall but you get the idea!

  • @MSandra007
    @MSandra007 3 місяці тому +3

    Thank you great market analysis:)

  • @giantessmaria
    @giantessmaria 3 місяці тому +2

    thanks Sven, always a pleasure to get your take.... guessing your perma bear label will be coming back now ;)

  • @missunique65
    @missunique65 3 місяці тому +2

    Actually the only ones spending on AI are the hyperscalers and the clueless CEO's who are getting frisky just like the same iCEO's that jumped into the CSCO fray back in the '90s. Same circus different clowns. Meh! Good review of the market , Sven~

  • @RoTelnCheese
    @RoTelnCheese 3 місяці тому +4

    I hope you’re having a lovely Memorial Day weekend. Thanks for providing the update

  • @bugduckkiwi9887
    @bugduckkiwi9887 3 місяці тому +3

    Wise words as always, thanks Sven!

  • @garyericinvestramberg1182
    @garyericinvestramberg1182 3 місяці тому +1

    Great Work Sven🥇 You do Amazing Work and I appreciate You and Your Work👏🌟🌟🌟🌟🌟🌟🥇🤗

  • @RL_ATX
    @RL_ATX 3 місяці тому +3

    Thanks Sven! Enjoy the day!

  • @ericclifton1611
    @ericclifton1611 3 місяці тому +6

    Seems practically nobody is expecting any downside volatility until the election

  • @corbindallas6384
    @corbindallas6384 3 місяці тому +1

    Top shelf!

  • @missunique65
    @missunique65 3 місяці тому +2

    I have not made any new purchases to my portfolio this year. Or last year. I refuse to chase momo. And the more I want a crash, the more it eludes me. Very shitty situation.

    • @samp1568
      @samp1568 3 місяці тому

      be patient always happens

  • @xxxxxxsauron
    @xxxxxxsauron 3 місяці тому +1

    thanks again ser 🙏

  • @joannahuc1318
    @joannahuc1318 3 місяці тому

    Relentless gamma squeeze on NVDA for months, similar to what TSLA did in late 2021. This will be a glorious short.

  • @nerenahd
    @nerenahd 3 місяці тому +1

    Cool, man. But out of curiosity, what´s your target IF these divergences play out. Nobody knows obviously, but as a trader you must have some kind of target.

  • @AaronBaecker
    @AaronBaecker 3 місяці тому

    On XVG, there’s now even a negative divergence between the ‘22 SPX high and this year’s new high.

  • @adsf255
    @adsf255 3 місяці тому +1

    ❤ thanks a lot

  • @barryauguste9734
    @barryauguste9734 3 місяці тому

    I hear everything you're saying Sven and Echo those statements. The arrogance and exuberance of men and the market knows no bounds. I smell tulips!

  • @blank-964
    @blank-964 3 місяці тому +1

    Thanks

  • @markleveck6029
    @markleveck6029 3 місяці тому

    Best CMT out there!

  • @teenoso4069
    @teenoso4069 3 місяці тому +1

    spivs care not if its weak as long as they make bets for their "long term" aka to lunch

  • @JoePieczynski
    @JoePieczynski 3 місяці тому

    HYG also putting in a bearish divergence, but its been divergent since the bear market

  • @maryamhamzeh3967
    @maryamhamzeh3967 3 місяці тому +1

    thanks

  • @dr.ulyssesswlabr6642
    @dr.ulyssesswlabr6642 3 місяці тому

    Concentration of gains and lack of breadth isn't so alarming anymore. The top 10 tech stocks have been the story of the market for the last 10 years! Small caps crashed long ago and yet the overall market keeps on chugging along.

  • @DavidSoteloJJ
    @DavidSoteloJJ 2 місяці тому

    On top of the game 🐶

  • @jerryz4564
    @jerryz4564 3 місяці тому +2

    Sell everything and buy NVDA. That's what's happening.

    • @christophesiewecke9208
      @christophesiewecke9208 3 місяці тому +1

      Starting trading in February 2024 and if I had just YOLOed everything into NVDA I would be up 40%+
      Not saying I would have, but perhaps I should have?

  • @garyericinvestramberg1182
    @garyericinvestramberg1182 3 місяці тому

    We are definitely in a Recession
    do You follow Danielle DiMartino Booth work?

  • @martinbaumann3170
    @martinbaumann3170 3 місяці тому +1

    🥰

  • @mrpickle23
    @mrpickle23 3 місяці тому

    No bigger permabull than AreteTradig

  • @17jnewman
    @17jnewman 3 місяці тому +3

    Sven is perma nothing.
    He is as flexible as they come

  • @jorgemmc21
    @jorgemmc21 3 місяці тому +2

    People who call you permabear just prove they don't follow or understand your videos.

  • @snpxox
    @snpxox 3 місяці тому

    it could be but maybe not. sheesh. my 4 year old daughter can do this.

  • @advancedbodydesign
    @advancedbodydesign 3 місяці тому

    Next Projected Cycle LOW for TRANSPORTS June 17th-28th...

  • @stevestacy8525
    @stevestacy8525 3 місяці тому

    Election year correction will come. Trump will be bearish for Oil prices if he wins due to his free for all attitude on the supply side.

  • @samp1568
    @samp1568 3 місяці тому

    any indicators around the covid crash have to taken with a grain of
    salt

    • @Franky4Fingers-m7k
      @Franky4Fingers-m7k 3 місяці тому

      that's a very narrow view on the covid crash. It may have become as a surprise to you but not to insiders. They knew the outcome well before retail. When they start distribution play you see it in the indicators.
      example:
      senator Richard Burr, R-N.C unloaded between $628,000 and $1.72 million of his holdings on Feb. 13 in 33 separate transactions.
      Market crashed 20 February 2020
      You even got a clear as ever Hindenburg Omen signal before the covid crash

  • @Unknown-sh8kw
    @Unknown-sh8kw 3 місяці тому

    Anyone who has diversified hasn’t made much money in stock market, Only NADAQ people made money. Trump might inject more liquidity as he is big money printer believer too

  • @darkmodetraders
    @darkmodetraders 3 місяці тому +1

    This Summer could be very interesting "GR33D"