Average long 4485 now....
2022 Inflation, Growth, Rate SHOCKS - FED "PUT" SPX 3800-4000
Started by
dTraderB
, Feb 05 2022 10:03 AM
304 replies to this topic
#292
dTraderB
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Posted 11 February 2022 - 12:53 PM
ES 4450 to 4470 -- huge support/resistance zone
Hold that and it zooms back above 4500
break below and it plunges to below 4380
#293
redfoliage2
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Posted 11 February 2022 - 12:56 PM
NAZ should bounce here as 10 year yield just turned into negative for the day, indicating a ST top for the yield here...............
Edited by redfoliage2, 11 February 2022 - 12:59 PM.
#294
redfoliage2
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Posted 11 February 2022 - 01:21 PM
TNX is likely to back test under 20 ......................
#295
K Wave
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Posted 11 February 2022 - 01:34 PM
now they finally going after MSFT and AAPL...
unless those recover PDQ....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#296
12SPX
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Posted 11 February 2022 - 01:45 PM
Well isn't this interesting, average long now 4470... think I'm gonna head out to play tennis as I might have to hold this into the weekend lol!! Hope everyone has a great weekend!!!
#297
12SPX
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Posted 11 February 2022 - 01:53 PM
Just an extra note, put prices are indicating extreme bearishness once again, they're thinking crash time and you know I love that lol!!!
#298
redfoliage2
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Posted 11 February 2022 - 02:02 PM
What was the disinformation behind this dip? The bull run is far from over even with the Fed hiking as long as the rate is below 3%. .....................
#299
redfoliage2
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Posted 11 February 2022 - 02:10 PM
TNX turned sharply down today, down almost 100 BPs. It just turned its tail indicating a top here, likely inflation as well. So, NAZ should reverse higher anytime soon ....................
Edited by redfoliage2, 11 February 2022 - 02:14 PM.
#300
dTraderB
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Posted 11 February 2022 - 02:15 PM
The UKRAINE situation may give the FED, and markets, a brief reprieve since the pressure will ease on the MUST RAISE BY 50 points scenario. FED could raise by 25 points and then signal more 25-point cut later as "situation dictates" or words to that effect
If that unfolds then markets will zoom ahead to above ES 4700
Will add another NQ HEDGE LONG below 14200 while keeping all QQQ & SPY PUTS and adding on any significant rally
