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A Sustainable LOW but HOW HIGH this BOUNCE? 5 to 10%


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#31 dTraderB

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Posted 23 May 2022 - 08:47 AM

I expected some more SELLING today but not as much as seen so far since 9:30 open

 

Could be more desperate forced liquidation during next few days

 

WORSE-than-expected RETAIL EARNINGs can sink the market a further 5 to 10%



#32 12SPX

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Posted 23 May 2022 - 09:04 AM

Well as I said volatility would remain it sure is lol!!  Out for a 5 point on my ES and a 102 profit on my ndx and starting my long build at 3910 and a nice even 11,800!!!  



#33 andr99

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Posted 23 May 2022 - 09:07 AM

 

I am looking for 4250-4300 range to top off again

 

 

 

 

exactly the same bounce target I got......


forever and only a V-E-N-E-T-K-E-N - langbard


#34 dTraderB

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Posted 23 May 2022 - 09:10 AM

Closed 5th ES & NQ HEDGE SHORTS

ES +5 (will take it!)

NQ +152.5

 

Holding 4 each



#35 12SPX

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Posted 23 May 2022 - 09:10 AM

Adjusting, and out for another 5 point profit and restarting my long at 3910.  Not going to post as much here as I'm also trying to watch my fave player Nadal at the French open but you get my idea for the day lol!! 



#36 redfoliage2

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Posted 23 May 2022 - 09:12 AM

Going to be a classic day.......................



#37 dTraderB

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Posted 23 May 2022 - 09:28 AM

Still heavy selling....



#38 redfoliage2

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Posted 23 May 2022 - 09:28 AM

Going to be a classic day.......................

It means shaking up in the morning and then ramping up in the afternoon to close at high of day ...............................


Edited by redfoliage2, 23 May 2022 - 09:29 AM.


#39 redfoliage2

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Posted 23 May 2022 - 10:03 AM

Still heavy selling....

Bulls and bears are fighting furiously, let's see who will win by the close .......................



#40 12SPX

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Posted 23 May 2022 - 10:03 AM

Seems that the Fed's "well being" indicator caused quite the pop here, still holding my average long with a profit stop 2925 once again, buy below.....