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It Looks that the Congress Just Passed a Bill After Close > No Shutdown

No Shutdown

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#1 redfoliage2

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Posted 30 September 2021 - 03:34 PM

https://www.cnn.com/...0-21/index.html


Edited by redfoliage2, 30 September 2021 - 03:43 PM.


#2 kinga200

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Posted 30 September 2021 - 04:41 PM

During the day the news was saying probably no shutdown. But the debt is a different issue. The market sold into the close. So we shall see.

#3 redfoliage2

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Posted 30 September 2021 - 05:34 PM

Debt limit is a so called issue that is still two weeks away, and Will be resolved as usual albeit the hype .

Edited by redfoliage2, 30 September 2021 - 05:38 PM.


#4 redfoliage2

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Posted 30 September 2021 - 07:01 PM

My FF for tomorrow - SPX in the range 4325 - 4350  ...........................



#5 redfoliage2

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Posted 01 October 2021 - 07:43 AM

So what's happening?   Those pajamas traders who were heavily shorting index futures overnight are failing now ......................


Edited by redfoliage2, 01 October 2021 - 07:53 AM.


#6 12SPX

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Posted 01 October 2021 - 07:47 AM

No no they saved the market and turned it around lol!  Theyre awake while we sleep, market was down big when I was going to sleep, made my longs look great overnight lol!! 



#7 redfoliage2

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Posted 01 October 2021 - 08:04 AM

No no they saved the market and turned it around lol!  Theyre awake while we sleep, market was down big when I was going to sleep, made my longs look great overnight lol!! 

This is a huge intra-night reversal in the futures market.  If you went long ES at lows overnight you are making big money now ................



#8 redfoliage2

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Posted 01 October 2021 - 09:48 AM

Well, as long as the political game for the debt limits is still going on in DC the Wall Street bears/sharks will be continuously indulged in their projections for a 10%, 20%, 30%, 50% etc. correction  .......................


Edited by redfoliage2, 01 October 2021 - 09:52 AM.


#9 redfoliage2

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Posted 01 October 2021 - 10:01 AM

Well, as long as the political game for the debt limits is still going on in DC the Wall Street bears/sharks will be continuously indulged in their projections for a 10%, 20%, 30%, 50% etc. correction  .......................

So the famous saying goes “Never let a good crisis go to waste”......................



#10 redfoliage2

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Posted 01 October 2021 - 11:08 AM

The internals are very strong today as fund positioning for the 4th qtr starting today ........................