Rusty still exhibiting terrrible relative strength as it sits just below the 900 day....
September LOWS beckon, Winter of Misery & Cold BUT the Sun will shine again
#61
Posted 06 September 2022 - 02:19 PM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#62
Posted 06 September 2022 - 02:33 PM
Bitcoin fresh lows...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#63
Posted 06 September 2022 - 02:40 PM
JUNE lows beckon ...
#64
Posted 06 September 2022 - 03:09 PM
Bears losing steam here as SPX holding the support at close. 70K ES contracts were bought in the last minute before the close - just short covering?
Edited by redfoliage2, 06 September 2022 - 03:15 PM.
#65
Posted 06 September 2022 - 05:07 PM
JUNE lows beckon ...
10K beckons...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#66
Posted 06 September 2022 - 06:27 PM
Thought I posted a few minutes ago...
I expect a ST bottom here, rally to ES 4100 to 4150 and then DOWN again
Extreme bearish sentiment prevented a bigger drop today ... but big declines aka CRASHES can occur at extreme bearish levels
This looks like a ST LOW here, but it can linger near -300 to -200 and then DROP again, fast!
https://www.mcoscill...t_breadth_data/
#67
Posted 06 September 2022 - 06:29 PM
more here:
https://www.marketin...llan-oscillator
Thought I posted a few minutes ago...
I expect a ST bottom here, rally to ES 4100 to 4150 and then DOWN again
Extreme bearish sentiment prevented a bigger drop today ... but big declines aka CRASHES can occur at extreme bearish levels
This looks like a ST LOW here, but it can linger near -300 to -200 and then DROP again, fast!
#68
Posted 06 September 2022 - 06:34 PM
I am not saying the FED will be pressured into 75bps rate increases and tough language because of midterms... but I am saying there is pressure on the FED from all sides .... and the FED must continue to talk the talk and raise rates as much as possible and as fast as possible to achieve lower inflation, even if there is a recession, but then the FED can quickly cut rates -- sometime in mid-2023 if they do the correct thing NOW. Better late than never...
#69
Posted 06 September 2022 - 06:35 PM
forgot to add this:
I am not saying the FED will be pressured into 75bps rate increases and tough language because of midterms... but I am saying there is pressure on the FED from all sides .... and the FED must continue to talk the talk and raise rates as much as possible and as fast as possible to achieve lower inflation, even if there is a recession, but then the FED can quickly cut rates -- sometime in mid-2023 if they do the correct thing NOW. Better late than never...
#70
Posted 06 September 2022 - 07:42 PM
Will go LONG below 200
it will get there before end of October... 90 % probability
And TSLA holds the 1 min breakout pivot and back to HOD...
273 now looking important going forward...