Hold up? No Way!
"Are We Setting Up For A 'Mini-Crash'?"
Started by
dTraderB
, Jan 17 2022 05:17 PM
343 replies to this topic
#131
linrom1
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#132
K Wave
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Posted 19 January 2022 - 03:42 PM
MSFT failed to hold the 1 min line...unless it reverse back up very quickly, could be a sign of failure on the bounce....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#133
K Wave
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Posted 19 January 2022 - 03:44 PM
As I said before, SPX Waaaaayyy overdue for 200 day touch...
Seems like it could be real reachable over next few days...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#134
K Wave
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Posted 19 January 2022 - 03:57 PM
Once AAPL comes back under the trend line...stick a fork in it...and crashy type action very possible upon such an event....
Edited by K Wave, 19 January 2022 - 03:57 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#135
K Wave
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Posted 19 January 2022 - 03:59 PM
AMZN goin' out below the spike low from the 10th....Ruh Ro???
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#136
K Wave
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Posted 19 January 2022 - 04:03 PM
Perhaps they engineer some sort of stick save overnight, but 15 min FANG Bear 3x sure lookin' primed for an imminent explosion to the upside here...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#137
linrom1
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#138
K Wave
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Posted 19 January 2022 - 04:20 PM
NFLX first of big caps to report tomorrow after the close while deep in the middle of the Crash Window.
Will the earnings complete the trip???
IF instead there is a big ramp job towards 560, would likely be a gift to bears...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#139
linrom1
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Posted 19 January 2022 - 04:31 PM
Wow NQs under overnight lows! That's over 2 Stds. According to the guy who wrote Traders Guide for CBOTs floor traders, that's "PANIC" and you don't want to be in the market.
#140
dTraderB
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Posted 19 January 2022 - 07:15 PM
Welcome to new posters on our thread.
So, it did hit ES 4520 in cash session then dropped below that and now bounced a bit
Played frenetic defense today after the sharp reversal from above ES 4600 and ended with a modest profit
Profits in NQ daytrading, QQQ PUTS (460 and 450). smaller profits in CRUDE SHORTs and even smaller profit in VXX CALLS that were added before
the last hour plunge; losses in QQQ
Will close 2 or 3 more CRUDE shorts from the 6 I am holding now. CRUDE high today was 86.77, it is now 85.15
In LT Portfolio:
1100 QQQ, 10 QQQ 350 PUTS, 7 VIX CALLS
400 INDA
in RISK Portfolio
6 CRUDE SHORT
closed 2 Crude short
adding 100 QQQ
ES 4520 could be tested today
