On XVG, there’s now even a negative divergence between the ‘22 SPX high and this year’s new high.
@dr.ulyssesswlabr66423 күн бұрын
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.
@mdeshmane3 күн бұрын
excellent updates Sven! You provide a no-nonsense technical update that is difficult to get anywhere! thank you!
@xxsauron19894 күн бұрын
thanks again ser 🙏
@martinbaumann31704 күн бұрын
🥰
@user-nn8wg2py4z4 күн бұрын
it could be but maybe not. sheesh. my 4 year old daughter can do this.
@Unknown-sh8kw4 күн бұрын
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
@JoePieczynski4 күн бұрын
HYG also putting in a bearish divergence, but its been divergent since the bear market
@mrpickle234 күн бұрын
No bigger permabull than AreteTradig
@corbindallas63844 күн бұрын
Top shelf!
@barryauguste97344 күн бұрын
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!
@joannahuc13184 күн бұрын
Relentless gamma squeeze on NVDA for months, similar to what TSLA did in late 2021. This will be a glorious short.
@stevestacy85254 күн бұрын
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.
@garyericinvestramberg11824 күн бұрын
We are definitely in a Recession do You follow Danielle DiMartino Booth work?
@garyericinvestramberg11824 күн бұрын
Great Work Sven🥇 You do Amazing Work and I appreciate You and Your Work👏🌟🌟🌟🌟🌟🌟🥇🤗
@missunique654 күн бұрын
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~
@missunique654 күн бұрын
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.
@samp15684 күн бұрын
be patient always happens
@missunique654 күн бұрын
This is the most boring market of all time. It's NVDA and four stocks 24/7. Like everything else right now, this market feels REALLY bogus. Nobody can predict anything beyond a day. Trend line schemdline - this is kabuki time. VIx has been rendered a useless metric to boot. I am waiting for another october -ish selloff- close to the election maybe? - the evil forces that have hijacked this market hates uncertainty.
@AM-jo2wl4 күн бұрын
Fenomenal calls you have made......much respect!! Thanks!!
@samp15684 күн бұрын
any indicators around the covid crash have to taken with a grain of salt
@JulioFastcruise4 күн бұрын
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
@user-ig8du7zk9h4 күн бұрын
Thank you very much! Right or wrong, always the most interesting. Never, ever fail to learn something. True talent. Stefenin
@dereksmith37794 күн бұрын
You're one of the best technicians in the business
@teenoso40694 күн бұрын
spivs care not if its weak as long as they make bets for their "long term" aka to lunch
@nerenahd4 күн бұрын
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.
@ColinTalksCrypto5 күн бұрын
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?
@adsf2555 күн бұрын
❤ thanks a lot
@giantessmaria5 күн бұрын
thanks Sven, always a pleasure to get your take.... guessing your perma bear label will be coming back now ;)
@MSandra0075 күн бұрын
Thank you great market analysis:)
@sptrsttradr49185 күн бұрын
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
@advancedbodydesign5 күн бұрын
Next Projected Cycle LOW for TRANSPORTS June 17th-28th...
@christophesiewecke92085 күн бұрын
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!
@jonathanmarsh97525 күн бұрын
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!
@martinmurray14515 күн бұрын
I always look forward to these videos - thank you sir.
@Chocolate_Croissant5 күн бұрын
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
@jorgemmc215 күн бұрын
People who call you permabear just prove they don't follow or understand your videos.
@jerryz45645 күн бұрын
Sell everything and buy NVDA. That's what's happening.
@christophesiewecke92085 күн бұрын
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?
@blank-9645 күн бұрын
Thanks
@bugduckkiwi98875 күн бұрын
Wise words as always, thanks Sven!
@maryamhamzeh39675 күн бұрын
thanks
@Finom15 күн бұрын
Sven, Bless you for sharing your many years of technical analysis with us:) We ant more:)
@RL_ATX5 күн бұрын
Thanks Sven! Enjoy the day!
@timferguson5935 күн бұрын
Stock market is fake.
@jeffp90965 күн бұрын
Excellent update Sven. Thanks for taking the time to put such a comprehensive and detailed video together. Very useful!
@17jnewman5 күн бұрын
Sven is perma nothing. He is as flexible as they come
@ericclifton16115 күн бұрын
Seems practically nobody is expecting any downside volatility until the election
@darkmodetraders5 күн бұрын
This Summer could be very interesting "GR33D"
@RoTelnCheese5 күн бұрын
I hope you’re having a lovely Memorial Day weekend. Thanks for providing the update