Softy rejected at the key line so far...as Trannies right back down to the edge...
"FED" RECESSION has begun? TECH BROKEN...
Started by
dTraderB
, Apr 28 2022 04:07 PM
385 replies to this topic
#61
K Wave
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Posted 02 May 2022 - 10:11 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
#62
dTraderB
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Posted 02 May 2022 - 10:16 AM
Taking a few minutes off to observe, early lunch - up since 5am.
Bad....news...
JUST IN - NYC raises "COVID alert level" from "low" to "medium".
Crazy, possibly FAKE, "NASDAQ announcement"
NASDAQ: MONDAY'S STOCK MARKET PLUNGE WAS CAUSED BY "A SELL EVENT BY A MARKET PARTICIPANT", SEES NO REASON TO CANCEL ANY TRADES.
#63
dTraderB
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Posted 02 May 2022 - 10:18 AM
closed +26
will reopen higher
reopened 4135.5
Too many longs, must hedge
wow!
closed at 4100.25
jumped 30 points in 3 minutes
Closed 3rd ES SHORT
will reopen much higher
#64
redfoliage2
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Posted 02 May 2022 - 10:18 AM
NDX unable to hold its Feb/March low, and expect SPX to follow .........................
With the Fed reversing its monetary policies it looks the NDX Feb/March lows is to become the resistance. The market is still owed a capitulation - maybe after the Fed meeting? ........................
Edited by redfoliage2, 02 May 2022 - 10:27 AM.
#65
K Wave
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Posted 02 May 2022 - 10:18 AM
The chart seems to liinng up for explosion upside...
Oops, that's the Trannies upside down...
Edited by K Wave, 02 May 2022 - 10:18 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
#66
dTraderB
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Posted 02 May 2022 - 10:19 AM
UVXY above 19
will place order to start new PUT position, starting with 3, and then more buy limit orders, SLOWLY... gradually, this is a multi-day or multi-week process
#67
K Wave
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Posted 02 May 2022 - 10:23 AM
10 year about to join 30 above 3?
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#68
K Wave
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Posted 02 May 2022 - 10:25 AM
Back under 278 would be first sign Softy might be in trouble after the rejection..
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#69
K Wave
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Posted 02 May 2022 - 10:33 AM
BRK suddenly showing a lot of relative weakness, along with Apple and UNP.....have they finally lost their MoJo?
Berkshire has another big pivot level around 314. Below that, very likely that long term top is sealed in...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#70
K Wave
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Posted 02 May 2022 - 10:36 AM
15K looks like the stop for Trannie bears now...another trip above that would likely mean bears do not have the firepower to break it open here...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
