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


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#71 dTraderB

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Posted 06 September 2022 - 07:47 PM

BUY LIMIT 2nd NQ LONG for hedge   @ 11900

Could be filled tonight

 

Big drop in TLT, as expected, new 52-week low

 

As posted in this thread, I expect  102 low 

 

48 TLT CALLS

 

10 QQQ PUTS

12 SPY PUTS

 

 

 

5 each QQQ & SPY PUTS

New PUT positions 

 

nq long 11950 hedge

 



#72 dTraderB

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Posted 06 September 2022 - 08:25 PM

Building big USD/YEN short position... very active trading in currencies tonight... 

I plan to stop trading at about 10:30 pm but may go on much later



#73 K Wave

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Posted 06 September 2022 - 09:34 PM

Well.. this seems a bit no bueno..

https://twitter.com/...sZSHBYFvVbeZjSA

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

 

 


#74 dTraderB

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Posted 07 September 2022 - 07:04 AM

late start after trading until 1am

Currencies moving fast, volatile, could be another DOLLAR top. 

 

As I posted late yesterday, I am expecting a ST bounce; ES bounced a few times, now trying again ... target 4100 to 4150 before the BIG DROP

 

if this bounce fails then new 2022 LOWS could be made



#75 K Wave

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Posted 07 September 2022 - 07:07 AM

bulls need to hold the recovery of 3900 overnight....otherwise could be big trouble now....

 

if they do hold, may get another 1 day wonder rally...

 

tricky area right 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

 

 


#76 dTraderB

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Posted 07 September 2022 - 07:22 AM

ES 3880/90 critical support/resistance zone

 

 

 
 
 
 
 
ZVBuToeP_normal.jpg
 
Yesterday, my core support in #ES_F was 3890 - core trendline from June low - now been tested *3x* in 24hrs. For any hope of relief bounce, bulls must hold it Plan today: Bulls must keep holding 3885, with >3920 starting bounce to 3965, 3985. 3885 fails, sell begins to 3860,3810
 
 
 
 
 
ZVBuToeP_normal.jpg
 
Yesterday, my core support in #ES_F was 3890 - core trendline from June low - now been tested *3x* in 24hrs. For any hope of relief bounce, bulls must hold it Plan today: Bulls must keep holding 3885, with >3920 starting bounce to 3965, 3985. 3885 fails, sell begins to 3860,3810


#77 dTraderB

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Posted 07 September 2022 - 07:24 AM

Extreme bearishness, ST bounce most likely 

 

 

 
 
 
Rxax50Qm_normal.jpg
 
Nasdaq falls for a 7th consecutive session--longest losing streak since **Nov 2016**
 
 
 
Rxax50Qm_normal.jpg
 
Nasdaq falls for a 7th consecutive session--longest losing streak since **Nov 2016**


#78 K Wave

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Posted 07 September 2022 - 07:33 AM

Weak Mega Cap sister Google.....

 

106 looks huge.....may not bust it today, but if/when 106 goes bye bye, monthly chart gonna start to look real ugly...

 

That rolling back over 200 on this 4 hour chart looks a at bit ominous....

 

goog.png

 

Monthly look....this is a completed bubble with monthly momo disintegrating rapidly

 

Mark my words, that 200 month MA will eventually be tagged....probably 2023-2024 time frame.

But the big part of the damage may be just ahead.

 

goog.png

 

 


Edited by K Wave, 07 September 2022 - 07:41 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

 

 


#79 K Wave

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Posted 07 September 2022 - 07:47 AM

NFLX/META monthlies likely offer a decent preview of what is coming for the last cars over the top of the roller coaster Mega Caps....

 

When that monthly momo gets deep under the zero line, expect a lot lower prices on the rolling over Mega Caps

 

nflx.png

 

meta.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

 

 


#80 K Wave

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Posted 07 September 2022 - 07:58 AM

Monthly SPX..

 

When the rapidly disintegrating momo takes out the base camp area...it will not just get ugly, but super ugly...

 

Folks thinking this is a 9-10 months and done drop are most likely gonna be in for a huge surprise.....

 

spx.png

 

On a more granular level...when the daily 900 goes bye bye, that is when the bear will really start to roar....

Once that happens, we are going at least to the Covid lows....

 

spx.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