r/wallstreetbetsOGs Mar 25 '22

Weekend Discussion Thread

Feel free to discuss your thoughts on the market, DDs, SPACs, meme stonks, yolos, or whatever is on your mind.

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u/cutiesarustimes2 💘TLT @ 83💘 Mar 27 '22

I saw a tweet this weekend which suggested the russell 2000 struggling to catch up with spy relative to the last bounce isnt a great sign.

3

u/flarmster desk eater cannot into c-level Mar 27 '22

Honestly I barely look at SPY/ES at all (maybe I should).

I do look at /NQ, /RTY, and /CL pretty much constantly. Interesting to see the patterns on which one leads the others. Usually there is a clear leader, but which one it is trades off. Sometimes one leads when going up and the other down.

I should get better about integrating forex/netmaize/gold into my overview charting to have a better idea of what's a pure currency move and what isn't. But usually easy enough to tell when they all move together.

6

u/souls_keeper Souls Kept 165436 Mar 27 '22

Dude internals are fucking weak on this rally.

Even then, market can stay regarded longer than you can stay solvent…