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Critical Week ahead: Inflation report, Earnings season begin, China COVID outbreak...


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#51 redfoliage2

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Posted 13 July 2022 - 09:41 AM

Let's see if the down gap to be filled today .........................


Edited by redfoliage2, 13 July 2022 - 09:43 AM.


#52 K Wave

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Posted 13 July 2022 - 09:42 AM

TSLA with some last resistance around 720..

 

if bulls clear that, then full reversal that sticks become more likely...

DO NOT want to see back below 700 now....


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

 

 


#53 12SPX

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Posted 13 July 2022 - 09:48 AM

No it doesn't otherwise market would be green now as its been up for awhile.  Of course it helps but one stock does not lead a market even if it is Elon Musk lol.  The tech Fang stocks help quite a bit as their weightings have an effect but still not completely.  Btw loving my put sells this morning now lol!  Markets will remain in grind grind grind mode for quite awhile but as I've said its way overdue for some type of rally but it won't be straight up!! 



#54 K Wave

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Posted 13 July 2022 - 09:51 AM

SOX just took yesterday's high....bullish engulfing working there now...


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

 

 


#55 K Wave

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Posted 13 July 2022 - 09:52 AM

And TSLA has led Naz to green as well


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

 

 


#56 K Wave

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Posted 13 July 2022 - 09:57 AM

so now we see if the turn sticks....as long as TSLA holds above 700, good chance it does...

 

markets get to key pivots and then they decide...may have just seen that this AM...

 

And should it turn into a fakeout, well then that could be big trouble...as again, this is a massive pivot zone


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

 

 


#57 K Wave

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Posted 13 July 2022 - 10:01 AM

Rusty still under 1730 after the ramp job....

 

as long as still below that, still wary that ramp could fail...


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

 

 


#58 K Wave

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Posted 13 July 2022 - 10:04 AM

TSLA trying to decide what it wants to do at 720....

 

Still very real possibility of throwover until that is cleared..

 

But if it does get through, then hourly upside air gap opens up.


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

 

 


#59 K Wave

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Posted 13 July 2022 - 10:08 AM

And rusty goes green to get to 1730....now we see.


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

 

 


#60 K Wave

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Posted 13 July 2022 - 10:25 AM

TSLA 4 hour look.

 

Bulls really really really do not want this turn attempt back above 700 to fail.....

 

Massive air gap still in daily chart below if it does.

 

HUGE pivot spot here....

 

tsla.png


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