Member
Posted 07 September 2022 - 01:33 PM
UVXY down 8%
will start new CALL position... below 9 ... depending...
290 points profits at this point in first NQ HEDGE LONG
Will add at least another 8 QQQ and SPY PUTS above ES 3970 & NQ 12250 (market slightly above those levels now but waiting for this 1-m rally to end)
Member
Posted 07 September 2022 - 02:16 PM
After analysis during last 2 to 3 weeks ... we have finally decided to buy TLT for LONG TERM Portfolio.
This is in addition to TLT CALLS in RISK PORTFOLIO
Same for XLF and a few BANKS
Member
Posted 08 September 2022 - 07:34 AM
ECB another 75 hike....
based upon current treas rates. the always behind the curve Fed likely to follow 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
Member
Posted 08 September 2022 - 07:39 AM
TSLA got the 285 pre-market....now we see....
next few days critical here.
Bears have to now go down and take out all those shorter term pivot points to put market in potential urgent selling mode.
BUT...if they don't, and price instead starts punch through intermediate lines upside, could be a different story.
Still heavily leaning toward the former, but open to plan B if needed.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 08 September 2022 - 07:42 AM
45 min charts interesting here, and could decide the whole thing...
Google, Softy already busted through.
Still holding on AMZN TSLA AAPL WMT....
In any event looks like potentially HUGE pivot low put in last couple days...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 08 September 2022 - 07:48 AM
IF that 45 min line on Apple does give way at 154, then the 3 hour drip drip drip that has been happening could turn into a massive flood of urgent selling, as the structure finally rolls over...
4 hours concurs..potentially HUGE pivot spot here...don't be on the wrong side when decision is made...if this goes fully synchronous downside, no tellin' how fast things could come apart....
Could be grind grind grind urgent selling...or...rapid rupture...
AND...if that 45 min continues to hold, and Apple pops back above 2,3,4 hours, then don't overstay on short side...
Still think down is where it goes, but we should know for sure soon.
Edited by K Wave, 08 September 2022 - 07:53 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
Member
Posted 08 September 2022 - 08:05 AM
AAPL 140 or lower by end of September
IF that 45 min line on Apple does give way at 154, then the 3 hour drip drip drip that has been happening could turn into a massive flood of urgent selling, as the structure finally rolls over...
4 hours concurs..potentially HUGE pivot spot here...don't be on the wrong side when decision is made...if this goes fully synchronous downside, no tellin' how fast things could come apart....
Could be grind grind grind urgent selling...or...rapid rupture...
AND...if that 45 min continues to hold, and Apple pops back above 2,3,4 hours, then don't overstay on short side...
Still think down is where it goes, but we should know for sure soon.
Member
Posted 08 September 2022 - 08:06 AM
If market does not tank today after the ECB rate and their ongoing Press Conference, and after POWELL in a few minutes, then ES 4250 will be traded before the big DROP
Member
Posted 08 September 2022 - 08:08 AM
the TROUGH still ahead...
The bear market in stocks is definitely not over, Goldman Sachs says
https://finance.yaho...-124411651.html
Member
Posted 08 September 2022 - 08:09 AM
