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Buy or Sell at This Point


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#51 redfoliage2

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Posted 11 February 2022 - 10:52 AM

ST we should get a bounce in the afternoon.  Longer term I see the back-test of SPX 50 dma currently at 4610 is still in the schedule, just a matter of time ......................


Edited by redfoliage2, 11 February 2022 - 10:54 AM.


#52 redfoliage2

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Posted 11 February 2022 - 11:11 AM

Internals turned up and strong today indicating this dip is being bought .............................


Edited by redfoliage2, 11 February 2022 - 11:15 AM.


#53 redfoliage2

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Posted 13 February 2022 - 09:50 AM

The market was hit on Friday by the rumor that Russia was going to invade Ukraine. Lets see if this is not a political game ..

#54 redfoliage2

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Posted 13 February 2022 - 09:50 AM

The market was hit hard again on Friday by the rumor that Russia was going to invade Ukraine. Lets see if this is not a political game ..

Edited by redfoliage2, 13 February 2022 - 09:55 AM.


#55 redfoliage2

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Posted 13 February 2022 - 09:58 AM

SPX year end target 4900 as seen by Goldman Sachs:

https://www.benzinga...ontent/25587705

Edited by redfoliage2, 13 February 2022 - 10:00 AM.


#56 redfoliage2

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Posted 15 February 2022 - 12:52 PM

I just took some profit on the longs as I see more downside near term ..................

BTW, I'm moving to the top on a new post.


Edited by redfoliage2, 15 February 2022 - 12:53 PM.