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4305 was critical support, they opened it just below that allowing


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#1 slupert

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Posted 05 May 2022 - 10:00 AM

bears to seize control, sfter a  huge up day, its no surprise really, The ES is still above yesterdays bottom, lets  see if we can hold it.  So what am I thinking about. The CPI is next week and it should be better than it has been. So i really don't see us falling too far. if any, this week. (JMHO)



#2 steadyquest

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Posted 05 May 2022 - 01:43 PM

TLT hit a short term target of 114 and they tagged the 200 here - where to now?

 

spx-tag.png



#3 slupert

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Posted 06 May 2022 - 07:03 AM

TLT hit a short term target of 114 and they tagged the 200 here - where to now?

 

spx-tag.png

The  ETF rebalancing caused an exaggerated amount of selling You would have to be a fool to step in front of that one.Let's see what happens going in to he CPI net week. I did say in my FF that a bottom within a week was possibly 4000.so what is your point? Or am I the only one you harrass on their  forecast? And yes, I am still looking for 5000 later in the year then down(JmHO). Where's you forecast??lets hear it.