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BOUNCE & PLUNGE: waiting for the last dance & for the music to stop


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#271 12SPX

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Posted 26 January 2022 - 11:46 AM

Was adjusting my profit stop and was taken out for a 10-point gain at 4410, buy lower...



#272 12SPX

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Posted 26 January 2022 - 12:20 PM

Oh my, didn't see my long fill at 4405, was relaxing lol!!  Taking profits at 4418 lol!!  Now buy lower....



#273 redfoliage2

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Posted 26 January 2022 - 12:54 PM

SPX should get above the 200 dma at 4431, so it just did ........................


Edited by redfoliage2, 26 January 2022 - 12:59 PM.


#274 12SPX

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Posted 26 January 2022 - 01:07 PM

Debatable now to wait for the decision unless we trade much lower, don't want to get caught.....just in case lol!! 



#275 K Wave

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Posted 26 January 2022 - 01:08 PM

Since the Mega Caps are draggin' the markets around like old rag doll...

 

Softee could be a decent tell post fed...

 

Above 308, and perhaps the day is saved..

 

Back below 300, and abyss door still open...


Edited by K Wave, 26 January 2022 - 01:10 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

 

 


#276 redfoliage2

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Posted 26 January 2022 - 01:37 PM

Could be as VIX seems still a little too high........................



#277 K Wave

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Posted 26 January 2022 - 02:00 PM

Heeeeere we go....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#278 K Wave

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Posted 26 January 2022 - 02:02 PM

And TSLA gets the tag...now we see

 

tsla.png


Edited by K Wave, 26 January 2022 - 02:03 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

 

 


#279 K Wave

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Posted 26 January 2022 - 02:10 PM

now question is on TSLA, can they blow it back above 1K after earnings and get a creek jump, or does it come back under the 960 breakout and collapse....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#280 brucekeller

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Posted 26 January 2022 - 02:11 PM

remember when they used to say to fade the initial reaction to the FOMC?