I think it's funny that many people have told me CoSo doesn't use quoting, bc they want to avoid a "subtweeting" kind of culture. 'Cause I'm being subtweeted all over the place. Even J. And yeah, I haven't used CoSo that much, and I'd like to use it more, but just trying to figure out how things work and why. If I've annoyed anyone, I apologize.

Twitter having some sort of outage. I was told by Tweet Deck, the web app and my phone app that I'd hit my daily Twitter limit and couldn't send anymore. The limit is 2,400 per day. I'd sent maybe 20. Down detector shows this.

Here at year end, we're clinging to a 38% retrace of the bull run-up off the pandemic lows. $SPX is well below 200 sma and below the 50 day sma. It's pure technicals, but if we don't hold 3,815, a drop to the 50% retrace seems likely ($SPX 3,500). (Daily bar charts below.)

$SPX took out the 50 day moving avg to the downside and is now at the 38.1% retrace of the rally off the pandemic lows (again) 3 year and 1 yr daily bar charts below. Near term I suspect we'll hit, maybe stop hunt below the 38% retrace, then rebound back to the 50 day on Mon.

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ml8_ml8

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