September LOWS beckon, Winter of Misery & Cold BUT the Sun will shine again
#121
Posted 08 September 2022 - 08:10 AM
#122
Posted 08 September 2022 - 08:14 AM
Rusty 2 hour....has been a GREAT indicator...
Above 1840, perhaps time to temper bearishness...
Back below 1800...Bombs away??
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#123
Posted 08 September 2022 - 08:17 AM
Off the lows... up to near zero or slightly higher , then DOWN again
#124
Posted 08 September 2022 - 08:23 AM
The ECB/FED double-barreled blasts -- simultaneously
Can market survive this and reverse the current decline today? Most likely, YES
ES dropped
BUT EURO down?
DOLLAR Up
YEN down
#125
Posted 08 September 2022 - 08:52 AM
280 now looking like new get outta Dodge pivot on TSLA...
In the mean time 290 still a possibility now that 285 taken out.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#126
Posted 08 September 2022 - 09:03 AM
Back under 283 could be first sign of flinch on TSLA as the ramp over 285 may be stalling...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#127
Posted 08 September 2022 - 09:05 AM
So far bounce on AZO to right where expected at 2200...
IF it stalls here and take out the swing low at 2100 area, then LOB....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#128
Posted 08 September 2022 - 09:25 AM
As I posted earlier, market will survive the onslaught earlier today and rally.... but it is getting nearer to ES 4K... more and more difficult to sustain the rally
Both NQ LONG hedges are profitable by more than a total of 500 points so I am adding PUTS - SPY, QQQ, IWM
maybe also a few FB, AAPL, AMZN but have not done enough analysis of these, will do so over the weekend
UVXY CALLS if traded below 8.5 or 8.75
and add TLT CALLs on any new 52-week low
The ECB/FED double-barreled blasts -- simultaneously
Can market survive this and reverse the current decline today? Most likely, YES
ES dropped
BUT EURO down?
DOLLAR Up
YEN down
#129
Posted 08 September 2022 - 09:45 AM
Late start today with the wedding celebrations but I see my stop was hit just this morning for a nice 60 point gain. Oh well to bad as the market is up a lot more now!! Might start looking at doing a short if we go up a bit more but we'll see as this is a travel day so hard to watch trades lol!!
#130
Posted 08 September 2022 - 11:06 AM
TSLA back under 285 after falling short of 290....was that it?
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy