Too many bullish ShILLS out there!
I know because I also want to SELL into this rallly... but they are out there all over marketverse shilling since last week, and today...
PULLBACK should really get intense later today and then a day or two...
ES 4250-4300 Resistance - Pullback, then up into end of AUGUST
Started by
dTraderB
, Aug 14 2022 02:27 PM
180 replies to this topic
#22
redfoliage2
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Posted 15 August 2022 - 10:16 AM
Just filled the morning down gap, and likely to have more downside in the afternoon. I see SPX 4200 - 4210 around mid week......................
Edited by redfoliage2, 15 August 2022 - 10:22 AM.
#23
K Wave
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Posted 15 August 2022 - 10:24 AM
Either Apple get one last ramp dead ahead, or may be just about time to start pushin' the chips all in on the short side 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
#24
K Wave
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Posted 15 August 2022 - 10:49 AM
Apple stiil pushin'...no rollover until it is done.
Once 1 min stalls out, gonna start establishing swing shorts...could be as high as 175 perhaps??
Next trip under 172 now likely kills it for now...
Edited by K Wave, 15 August 2022 - 10:51 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
#25
redfoliage2
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Posted 15 August 2022 - 11:25 AM
The market breadth indicator NYAD turning down from its peak and currently down more than 100% today, expect stock indices to follow soon .....................
Edited by redfoliage2, 15 August 2022 - 11:30 AM.
#26
K Wave
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Posted 15 August 2022 - 11:59 AM
Apple tryin' to launch one last leg off 1 min trendicator 72...
Back under 173 now could be first sign of bull flinch....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#27
12SPX
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Posted 15 August 2022 - 12:20 PM
Came back and saw my fills at 4300, bringing my short average to an even 4260.
#28
K Wave
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Posted 15 August 2022 - 12:39 PM
Trannies starting to slip back....could be close 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
#29
K Wave
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Posted 15 August 2022 - 12:41 PM
Apple bulls still hangin' on to 173....want to see initiation down soon here, or 175 still out there...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#30
dTraderB
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Posted 15 August 2022 - 12:57 PM
It has been a while since I have traded such a market that is frothing, fizzzling, and now rallying up on fumes!
