Am gonna keep this wide mind you as I don't plan on adding anymore with these swings, but I did at least call green for sometime today. A definitive turn would be a green close!!!
"FED" RECESSION has begun? TECH BROKEN...
Started by
dTraderB
, Apr 28 2022 04:07 PM
385 replies to this topic
#332
K Wave
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Posted 06 May 2022 - 10:52 AM
Softie tryin' for one more bounce off 276....this one likely has to stick for bulls to end up happy today...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#333
redfoliage2
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Posted 06 May 2022 - 10:53 AM
If bears unable to crash the market today another big bounce is in the cards for next week. Usually huge spikes up and down when bottoming .......................
If bears are uncommitted for a crash here it's likely the market is forming a double bottom......................................
Bears are failing again at this key level. So it looks there are still more bulls than bears on the Street regardless how much they have tried to talk down the market .........................
Bought UVXY May puts, VIX is likely to go down later today .........................
Edited by redfoliage2, 06 May 2022 - 10:57 AM.
#334
K Wave
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Posted 06 May 2022 - 10:56 AM
Trannies Rusty still the leaders on downside...no real sign of any turn there yet...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#335
K Wave
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Posted 06 May 2022 - 10:59 AM
Softie steppin' up to the edge...
Edited by K Wave, 06 May 2022 - 10:59 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#336
K Wave
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Posted 06 May 2022 - 11:04 AM
after that last little peek, this is most likely where bulls have to step on the gas away from the edge on Softie
See if they can negotiate that turn...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#337
K Wave
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Posted 06 May 2022 - 11:05 AM
SOX right at 3K...very likely just about big decision time...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#338
K Wave
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Posted 06 May 2022 - 11:07 AM
Was that just a final throwover at 17 on SPXU???
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#339
dTraderB
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Posted 06 May 2022 - 11:08 AM
reopened 4134
closed 9.5 profit
will reopen 3rd ES HEDGE SHORT ... later
reopened 4129
cannot keep up
later
closed +7
will reipen later
4124
ES 3rd hedge short 4105
rapid rally from low!
got to add 3rd HEDGE NQ SHORT 12820
closed 3rd es hedge short +20
will reopen later
will also close 3rd NQ hedge and open later
#340
12SPX
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Posted 06 May 2022 - 11:09 AM
Another buy program wow, they are just battling it out!! Profit stop 4126 and 12770
