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The Elusive BOTTOM - bulls floundering as QT begins


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#41 12SPX

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Posted 06 June 2022 - 10:19 AM

profit stop 4140



#42 12SPX

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Posted 06 June 2022 - 10:20 AM

Don't think the market likes the 10-year backing up!! 



#43 K Wave

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Posted 06 June 2022 - 10:22 AM

Crude back testing 116...

 

Could be important moment 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

 

 


#44 12SPX

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Posted 06 June 2022 - 10:27 AM

Okay, out for 31 points profit and starting a long build at 4135....



#45 redfoliage2

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Posted 06 June 2022 - 10:42 AM

Just bought some ES weekly calls at the dip. For today it looks moving in the range of 4130 and 4165. But we should see it above 4200 this week.

Edited by redfoliage2, 06 June 2022 - 10:46 AM.


#46 K Wave

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Posted 06 June 2022 - 10:43 AM

Wildcard out there as Yen continues to make new lows, while BOJ attempts to maintain 0.25 10 yr peg...

 

something may give in that regard, and possibly fairly soon.,..


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#47 12SPX

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Posted 06 June 2022 - 10:46 AM

profit stop 4140



#48 12SPX

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Posted 06 June 2022 - 10:51 AM

out for a 5 point profit.... hmmmm



#49 redfoliage2

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Posted 06 June 2022 - 10:58 AM

Just bought some ES weekly calls at the dip. For today it looks moving in the range of 4130 and 4165. But we should see it above 4200 this week.

May revisit  4165 in the afternoon if bulls are still in control ..........................


Edited by redfoliage2, 06 June 2022 - 11:07 AM.


#50 12SPX

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Posted 06 June 2022 - 11:04 AM

starting a long build at 4130....