Crude finally done with last gasp at 110??
THE BOUNCE: Trappy & Treacherous, then retest 2022 LOW
Started by
dTraderB
, May 15 2022 04:57 PM
463 replies to this topic
#421
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Posted 20 May 2022 - 11:27 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
#422
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Posted 20 May 2022 - 11:32 AM
The sheer size of the Crash Windows on the Mega Caps is stunning...still only a bit over halfway through....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#423
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Posted 20 May 2022 - 11:33 AM
Imagine where Naz might be when AAPL TSLA MSFT GOOGL are well below the 900 day like AMZN FB NFLX etc...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#424
dTraderB
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Posted 20 May 2022 - 11:33 AM
YEAH, getting into severe oversold, bounce territory.... but on an OPEX FRIDAY.... this thing can drop real hard....
I am checking STOP ORDERS, setting a few, but I prefer to take the loss on most of it now, rather than STOPPED OUT and then reopening.... or ROLL FORWARD ....
Today, loss of 3925 was downside trigger to 3890, 3815-20 and en route. #ES_F stalled at 3850 zone and its no coincidence, being the formal "bear market" level + backtest of Presidential inauguration This is should cave, seeing 3815-05 which is next bear market bounce zone
#425
dTraderB
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Posted 20 May 2022 - 11:44 AM
ok, it is now officially a BEAR MARKET.... good time to signal the end of it!
Heavy selling, desperate selling, forced liquidation, selling to prevent MARGIN CALLS ...
final stages of it
#426
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Posted 20 May 2022 - 11:47 AM
TSLA now down over 10%...but its not crashing or anything like that....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#427
dTraderB
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Posted 20 May 2022 - 11:47 AM
at ES 3822 net red for the week.....
will be first red week since .... way back
#428
12SPX
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Posted 20 May 2022 - 11:48 AM
This is getting really exciting, now we gotta see if we get back over 3850 for the close lol!!
#430
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Posted 20 May 2022 - 11:51 AM
ok, it is now officially a BEAR MARKET.... good time to signal the end of it!
Heavy selling, desperate selling, forced liquidation, selling to prevent MARGIN CALLS ...
final stages of it
Yes, and with current configurations, the last wave could be epic...rapid rupture type stuff on Monday very possible....
Very easy this Tesla cancer could spread rapidly....
Unless of course, we see massive reversal upside today....but this looks like a real deal breach on TSLA into a massive air gap....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
