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ES 4250-4300 Resistance - Pullback, then up into end of AUGUST


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#11 dTraderB

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Posted 14 August 2022 - 04:27 PM

I voted BULLISH FUNDAMENTALS

 

 

 
 
 
 
 
 
 
tushfacfngptiy8t4k7c_normal.png
 
Your *bonds* view/positioning is (primary reason in brackets): [Bearish = rising yields] [Bullish = falling yields]
  •  
    Bullish (Fundamentals)
    34.7%
  •  
    Bullish (Technicals)
    14.1%
  •  
    Bearish (Fundamentals)
    42.6%
  •  
    Bearish (Technicals)
    8.6%
744 votes·2 hours left
 
 
 
 
 
 
 
tushfacfngptiy8t4k7c_normal.png
 
Your *bonds* view/positioning is (primary reason in brackets): [Bearish = rising yields] [Bullish = falling yields]
  •  
    Bullish (Fundamentals)
    34.7%
  •  
    Bullish (Technicals)
    14.1%
  •  
    Bearish (Fundamentals)
    42.6%
  •  
    Bearish (Technicals)
    8.6%
744 votes·2 hours left


#12 redfoliage2

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Posted 14 August 2022 - 05:08 PM

It looks a pullback is in the cards this OpEx week starting tomorrow .................... 


Edited by redfoliage2, 14 August 2022 - 05:10 PM.


#13 dTraderB

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Posted 14 August 2022 - 07:58 PM

Yeah, the probability of a shallow retracement is HIGH. 

But, unless there is bad news - economic, financial, political or any other type - the markets will resume rally

 

It looks a pullback is in the cards this OpEx week starting tomorrow .................... 



#14 dTraderB

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Posted 14 August 2022 - 07:59 PM

Dull market tonight, had 5 NQ  trades, 43 points, done for tonight, back out early tomorrow, 4 to 5am



#15 brucekeller

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Posted 15 August 2022 - 03:56 AM

midterm seasonality sure isn't what it used to be if we do rally into end of August.



#16 K Wave

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Posted 15 August 2022 - 07:41 AM

Apple still holding 171 pre-market...break that pivot just set, and the parabolic could break wide open downside...straight up is likely not sustainable much longer.


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

 

 


#17 K Wave

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Posted 15 August 2022 - 07:43 AM

Dow futs have now completely given up the panic short covering on a Friday....


Edited by K Wave, 15 August 2022 - 07:45 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

 

 


#18 12SPX

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Posted 15 August 2022 - 08:40 AM

Slow start this week but that's ok it is an expiration traded week.  Quite a few new bulls over the weekend so it seems kinda neutral but in actual option prices, calls are still pricey so we'll see how that turns out.  Added a little to my short at the open here to get my average short to a nice even 4250.  Think the volatility will be strong this week to make for an interesting expiration and with all the headwinds to get through technically and fundamentally to continue to move higher here, we'll see how it goes in the end. 



#19 K Wave

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Posted 15 August 2022 - 09:07 AM

Does Apple have one last gasp left, or does the tank run dry here at 172???


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

 

 


#20 K Wave

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Posted 15 August 2022 - 09:10 AM

Speculation indicator GME not having a good morning...nor crypto

 

ETH may have topped out the bear rally on the pop over 2k over the weekend...


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