so many charts of the pandemic winners completely breaking down everywhere you look...
have to think this type of action is going to end in a panic to the downside eventually....
Posted 19 January 2022 - 09:18 AM
so many charts of the pandemic winners completely breaking down everywhere you look...
have to think this type of action is going to end in a panic to the downside eventually....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 19 January 2022 - 09:21 AM
2 hour chart looking a bit broken...bulls must reclaim the broken line, or potential disaster looms...
Looks exciting, could I see an hourly??
Freshly minted death cross....market has been able to eventually recover before, but not so sure about this time with all the chart breakdowns I am seeing out there....
Edited by K Wave, 19 January 2022 - 09:21 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 19 January 2022 - 09:25 AM
3 hour still holding...that is why overnight low critical...if it gives way, very likely starts a cascade of time frame rollovers in unison...
4600-4620 area likely critical for today...if bulls manage to get above, then more likely at least a temporary save....
Edited by K Wave, 19 January 2022 - 09:25 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 19 January 2022 - 09:28 AM
Naz on the other hand in much worse shape...long term 4 hour line already busted....this the kind of place where things can potentially get violent downside in a hurry
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 19 January 2022 - 09:35 AM
Darn was placing my profit stop at 4593 and was taken out for a 1 point profit, but back in build ing my long at 4585, wow big spreads here lol!!!
Posted 19 January 2022 - 09:42 AM
Everything points towards 4200.
Posted 19 January 2022 - 09:43 AM
Note that yield as the markets zooming up, profit stop 4590, see if we run here and although I didn't list it here, profit stop on my sold 4500 Jan put for $21 last night that expires Friday btw at $15 lol!! That premium was way too bearish. Might take it off later today....
Posted 19 January 2022 - 09:44 AM
WTF was THAT? 17 NQ trades in 11 minutes, 5 losses, 12 winners 280.5 points profit
what an opening!
Posted 19 January 2022 - 09:46 AM
Love all these charts btw guys thanks!!
Posted 19 January 2022 - 09:46 AM
Amazon already taking aim on the swing low.....so very close to crashing on that one....
see what happens dead ahead 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