ES at 4333 @ 2:23pm ... if it closes above ES 4380 at 4pm then the BULLS would have won a famous victory.
Even if BULLS can manage to keep it closing below 4300 it will be a great achievement.
It could drop like a stone from here to below 4200
BOUNCE & PLUNGE: waiting for the last dance & for the music to stop
Started by
dTraderB
, Jan 23 2022 08:48 AM
581 replies to this topic
#562
dTraderB
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Posted 28 January 2022 - 02:28 PM
Tiring but great week ... running on fumes now.
Coming into the close here of the choppiest week in 4+ months for #ES_F. ~4390 was 1st target and zone held so far. 4320 remains support 4320-30 remains key support. This level was saved 6 times this week and bulls unlikely to be as lucky on 7th test, opening drop to new lows
Quote Tweet
Adam Mancini
@AdamMancini4
·
2h
Note: This is the 6th time this week now that ES has dropped below 4320 and recovered (just like there has been 4 pops above 4400 that failed). Same drill though, bears still have the ball below that 200dma, with next crack of 4320 likely caving for good after 6 defense shots
Show this thread
Coming into the close here of the choppiest week in 4+ months for #ES_F. ~4390 was 1st target and zone held so far. 4320 remains support 4320-30 remains key support. This level was saved 6 times this week and bulls unlikely to be as lucky on 7th test, opening drop to new lows
Quote Tweet
Adam Mancini
@AdamMancini4
·
2h
Note: This is the 6th time this week now that ES has dropped below 4320 and recovered (just like there has been 4 pops above 4400 that failed). Same drill though, bears still have the ball below that 200dma, with next crack of 4320 likely caving for good after 6 defense shots
Show this thread
#563
K Wave
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Posted 28 January 2022 - 02:29 PM
SOX daily still looking like CWI from the 200 failure...unless they get a massive recovery late day...
[
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#564
12SPX
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Posted 28 January 2022 - 02:30 PM
No worries k the 3:32 chart will hold things together lol!! Out for a 1 point profit, guess I was to early should've kept trading for now but nonetheless starting my long build at 4340...
#565
K Wave
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Posted 28 January 2022 - 02:31 PM
SPX daily getting the ol' hangin' turd look below the 2 hundie....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#566
K Wave
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Posted 28 January 2022 - 02:35 PM
Softee setting the pivot at 300....
Bulls could still take her home tonight if the pivot holds.
And if not, they could end up cryin' in their beer..
.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#567
K Wave
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Posted 28 January 2022 - 02:38 PM
That was a nice profitable quick swoop down...
Now we see if SOX can make a higher low, and reclaim the BIG LINE....
If not...............
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#568
K Wave
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Posted 28 January 2022 - 02:43 PM
Hour of Power could be fun today with such huge volume pivots to work with...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#569
redfoliage2
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Posted 28 January 2022 - 02:49 PM
Just had to take some profit on my ES calls seeing VIX still remaining high ..................
Edited by redfoliage2, 28 January 2022 - 02:50 PM.
#570
12SPX
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Posted 28 January 2022 - 03:06 PM
So exciting, one hour to go for the win in green. Meanwhile profit stop 4350, might as well make 10 I figure lol!! Will buy lower going into the weekend....
