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ST BOUNCE, then LOWER LOWS


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#71 dTraderB

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Posted 14 June 2022 - 11:55 AM

Agree, BUT from now to that time, market could drop another 5% 

 

Selling dried up.  My FF for tomorrow:  Buying the news on the Fed announcement ........................



#72 dTraderB

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Posted 14 June 2022 - 11:56 AM

BEARS are stealthily and sneakily selling... 

 

Boy, figured there would be volatility but they are really battling it out here.  Forgot to mention my long ndx trade that I also started on Friday which was going to be a long term trade anyhow but needed to roll it over to September also out of the June 11890 start so did the roll over and added to it now having an average long of 11,595....  That was quite the buy program, average long a nice even 3880.....  after the Fed decision may have to double down instead of this drip drip drip add lol!!!  



#73 redfoliage2

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Posted 14 June 2022 - 11:57 AM

Selling overdone on the rumor, and now it's up to the Fed tomorrow regardless what bears/bulls are expecting  .....................

Selling dried up.  ST I'd not be surprised to see a 100-point bounce   .................



#74 redfoliage2

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Posted 14 June 2022 - 12:10 PM

 

Selling overdone on the rumor, and now it's up to the Fed tomorrow regardless what bears/bulls are expecting  .....................

Selling dried up.  ST I'd not be surprised to see a 100-point bounce from here SPX 3730   .................

 



#75 K Wave

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Posted 14 June 2022 - 12:11 PM

And the energy puke begins...


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

 

 


#76 redfoliage2

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Posted 14 June 2022 - 12:24 PM

 

 

Selling overdone on the rumor, and now it's up to the Fed tomorrow regardless what bears/bulls are expecting  .....................

Selling dried up.  ST I'd not be surprised to see a 100-point bounce from here SPX 3730   .................

 

 

Broad market buy programs kicked off.  NYAD up 90% so far today..............................


Edited by redfoliage2, 14 June 2022 - 12:30 PM.


#77 K Wave

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Posted 14 June 2022 - 01:04 PM

I mean, I knew the 40 year turn was on its way in 2022...but WOW!

 

1yr.png


Edited by K Wave, 14 June 2022 - 01:05 PM.

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

 

 


#78 redfoliage2

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Posted 14 June 2022 - 01:08 PM

Interest rate still historically low, and money deposited in banks make almost nothing in a year.  As Ray Dalio says cash is trash .....................


Edited by redfoliage2, 14 June 2022 - 01:11 PM.


#79 K Wave

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Posted 14 June 2022 - 01:10 PM

Apparently BOJ spent 1.5 Trillion Yen knocking 10 yr back down to target zone yesterday, only to have it start climbing again today.

 

This is gonna be epic when it all comes undone...

 

https://www.zerohedg...al-markets-bank

 

the Bank of Japan today bought more than 1.5 trillion yen of government bonds to defend its yield curve control target as the 10Y JGB rose above 0.25%, the upper end of the BOJ's YCC corridor.


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

 

 


#80 dTraderB

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Posted 14 June 2022 - 01:48 PM

90% probability of ES 3600 handle today or before FED announcement tomorrow