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After the FED FIASCO ends: bounce, resume plunge


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#11 K Wave

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Posted 06 March 2022 - 06:31 PM

UGLY start to the week on NAZ after the 3x Bear Fang hinted at it on Friday....


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

 

 


#12 K Wave

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Posted 06 March 2022 - 06:32 PM

Crude and Palladium still exploding upwards


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

 

 


#13 K Wave

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Posted 06 March 2022 - 06:45 PM

Rusty still all about 2000....If and when it reclaims that clear pivot, will consider abating my very bearish outlook from the breakdown at 2040 on Thursday night

 

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

 

 


#14 dTraderB

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Posted 07 March 2022 - 07:31 AM

"peace" rally ! 

Russia offers peace talks, "conditions" 

 

ES 4245 overnight low could hold until "peace" talks evaporate into delusional fog

 

Bought QQQ, TWTR, INDA, XLF 

Will add more SPY & QQQ PUTS on any rally above Friday's high

 

Incredible NQ volatility, trading 1-minute chart



#15 dTraderB

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Posted 07 March 2022 - 07:36 AM

Let us hope for the best, an early resolution, a ceasefire at least while they talk peace

 

Ukrainian, Russian foreign ministers to meet in Turkey on March 10. Foreign Minister Dmytro Kuleba and Russian Foreign Minister Sergey Lavrov have agreed to meet in Turkey’s coastal A

 

"peace" rally ! 

Russia offers peace talks, "conditions" 

 

ES 4245 overnight low could hold until "peace" talks evaporate into delusional fog

 

Bought QQQ, TWTR, INDA, XLF 

Will add more SPY & QQQ PUTS on any rally above Friday's high

 

Incredible NQ volatility, trading 1-minute chart



#16 dTraderB

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Posted 07 March 2022 - 08:21 AM

Incredibly, CRUDE may turn red by the end of the trading day! 

 

GERMANY HAS NO IMMEDIATE PLANS TO SUSPEND RUSSIAN ENERGY IMPORTS.

 

...and ES could be green after the overnight plunge to the 4245 low, now up 56 from that low



#17 dTraderB

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Posted 07 March 2022 - 08:24 AM

Tired already after almost 3 hours of trading. 

Markets now very erratic.  Looking to do more LONG NQ daytrades above 13760 with an extra lot 

 

 

Repeat button stuck on in #ES_F and did it again: For 7th time in last week its dipped under 4300 into 4260-80 support & bounced Plan today: Looking to 4340 (4300 needs to clear), 4385 above. Warning: After overnight save, 4260 won't hold again this bounce fails we see 4195 fast
Repeat button stuck on in #ES_F and did it again: For 7th time in last week its dipped under 4300 into 4260-80 support & bounced Plan today: Looking to 4340 (4300 needs to clear), 4385 above. Warning: After overnight save, 4260 won't hold again this bounce fails we see 4195 fast


#18 12SPX

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Posted 07 March 2022 - 08:27 AM

I know heh, today the pajama traders came through for me at 4250 level bringing my long average to 4285.  I wasn't expecting a down start to yesterday's open but oil spiking to $125 its no wonder it went down.  Looking at it this morning it may be a short term spike high guess we'll see!!  Looks like we could see a green day in the end here but we'll see.  I'll put a profit stop on at 4290 for the cash open....



#19 12SPX

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Posted 07 March 2022 - 08:46 AM

Gonna go to a 4295 profit stop but will buy lower again....



#20 K Wave

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Posted 07 March 2022 - 08:52 AM

Here comes the back test of the BIG pivot on Rusty....

 

What happens next could have serious implications on next swing move...


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