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September LOWS beckon, Winter of Misery & Cold BUT the Sun will shine again


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#41 K Wave

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Posted 06 September 2022 - 09:58 AM

Rusty impressively weak on the bounce attempt so far....see if it can reclaim 1800 or not 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

 

 


#42 K Wave

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Posted 06 September 2022 - 10:02 AM

Hopefully the importance of 1800 on this Rusty 2 hour chart is obvious....

 

If bulls do not charge here, bad things could start to happen....

 

rusty.png


Edited by K Wave, 06 September 2022 - 10:02 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

 

 


#43 12SPX

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Posted 06 September 2022 - 10:04 AM

Continuing my holiday up at Whistler for a wedding that's happening tomorrow so a little out of touch but it did seem smart to do a long at 3890 but its totally unofficial as it wasn't posted here.  Nonetheless since I'm not paying that much attention I'll profit stop it at 3900 for now.  Market is back in grind mode until the Fed announcement I'm sure!! Off to breakfast!!!



#44 dTraderB

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Posted 06 September 2022 - 10:08 AM

5 each QQQ & SPY PUTS

New PUT positions 

 

nq long 11950 hedge



#45 dTraderB

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Posted 06 September 2022 - 10:24 AM

will start LONG EURO below 9850 if traded today

now 99.030



#46 K Wave

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Posted 06 September 2022 - 10:28 AM

1,3,5 min combo resistance at 3940 working its magic so far for bears...

 

the 2 big pivots now set....

 

now we see who wants the ball 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

 

 


#47 K Wave

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Posted 06 September 2022 - 11:18 AM

BTC takin' aim on that floor one...more...time

 

See if it still holds....


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

 

 


#48 redfoliage2

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Posted 06 September 2022 - 11:24 AM

 

SP 3900..this is where bulls pretty much need to bounce it...

 

Failure to do so would open the trap door to much lower prices.

 

It may stay in the range 3900 - 4000 till CPI is out ........................

 

ST the market is in extremely oversold conditions.  If the 3900 support holds SPX may go to back to test the 50 ma at 4020 before/after CPI data out next week ...........................


Edited by redfoliage2, 06 September 2022 - 11:33 AM.


#49 beta

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Posted 06 September 2022 - 12:17 PM

BTC takin' aim on that floor one...more...time

 

See if it still holds....

Looks like the answer may be "No"


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#50 K Wave

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Posted 06 September 2022 - 12:18 PM

BTC...Ruh Ro?

 

btc.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