343 replies to this topic

[12SPX]

Oh my I dont think so, the market doesn't have that feel at all...  I'm still rooting for a turnaround tuesday but I'm losing confidence lol!! 

[12SPX]

Interesting that Disney is still up but more importantly the hourly SPX is setting up a perfect lower arm W so at the least I think were near a rally somewhere in here....

[K Wave]

Barring a miracle recovery, after 4 hours in, AMZN daily starting to look an awful lot like a breakaway below support....

 

[redfoliage2]

 

 

SPX 4400 could be traded today or tomorrow 

Unlikely as this is for the Jan OpEx, MMs have the control ......................

Under Normal conditions it has only 1% of probability to get to 4400 by the end of the week.

BTW, due to one trading day less in this week things should move faster for OpEx activities .........................

Edited by redfoliage2, 18 January 2022 - 02:11 PM.

[K Wave]

October 16 1987 was an OpEx.....

 

So far not seeing any signs bulls want to save this here at the cliff edge.....

 

Rusty also has the breakaway look to it thus far today....if 2100 actually gives way......................

 

[redfoliage2]

The problem was rate was very high then, the rate was 10% in 1987.  We don't have that environment and the money is still cheap even after six times of rate hikes this year, so TINA.  Are we going to get 30 times of rate hikes in 2022...........

Edited by redfoliage2, 18 January 2022 - 02:36 PM.

[K Wave]

The problem was rate was very high then, the rate was 10% in 1987.  We don't have that environment and the money is still cheap even after six times of rate hikes this year, so TINA.  Are we going to get 30 times of rate hikes in 2022...........

 2 year rates have literally gone up 5x in the last few months....

 

10 year is now trading at multi year high with an EXTREMELY levered up market....

Edited by K Wave, 18 January 2022 - 02:43 PM.

[K Wave]

and AS USUAL, the Fed is WOEFULLY behind the real market....

[redfoliage2]

 

The problem was rate was very high then, the rate was 10% in 1987.  We don't have that environment and the money is still cheap even after six times of rate hikes this year, so TINA.  Are we going to get 30 times of rate hikes in 2022...........

 2 year rates have literally gone up 5x in the last few months....

 

10 year is now trading at multi year high with an EXTREMELY levered up market....

 

Still very low compared to T-bond yields in 1987 ................

BTW, I bet the Fed even dare not to announce at the Jan. meeting how many times it's going to hike in 2022.  As a matter of fact PBOC just lowered lending rate yesterday.......................

Edited by redfoliage2, 18 January 2022 - 03:00 PM.

[K Wave]

 

 

The problem was rate was very high then, the rate was 10% in 1987.  We don't have that environment and the money is still cheap even after six times of rate hikes this year, so TINA.  Are we going to get 30 times of rate hikes in 2022...........

 2 year rates have literally gone up 5x in the last few months....

 

10 year is now trading at multi year high with an EXTREMELY levered up market....

 

Still very low compared to T-bond yields in 1987 ................

BTW, I bet the Fed even dare not to say at the Jan. meeting how many times it's going to hike in 2022.  As a matter of fact PBOC just lowered lending rate yesterday.......................

 

Long Cycle has turned on rates....once 10 yr clears 2%, no looking back....

 

5 yr exploding as well...

 

That looks like a serious breach of the 900....