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Posted 07 September 2022 - 08:06 AM
Same for Trannies...that crazy Avis inspired spike day marked a generational top in my view, similar to Dot com in in Y2K.
A huge massive spike cherry on top of the 40 year run....
Watch Big Kahuna FDX here at the 900 day after the multiple attempt failure at the 200...
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 07 September 2022 - 08:14 AM
Still on the lookout for the delayed reaction to the big BTC speculation plunge...
So if 3900 does not hold.............
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 07 September 2022 - 08:35 AM
TSLA holding so far....
today's low now the get outta Dodge signal most likely.
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 07 September 2022 - 08:37 AM
Could make a case for TSLA back test of 285....see if it gets there...
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 07 September 2022 - 08:37 AM
Good morning, wedding day, anyone know any good wedding toasts for a young couple lol??
Made 10 points on my long yesterday and was in long again at 3890 overnight and again with a profit stop of 3900 for today. Love rinse and repeat and the market in grind mode. Agree with d it does need a bounce but all eyes on bonds to see where we should be headed I think!!!
Member
Posted 07 September 2022 - 08:39 AM
FDX not out of the gate well at all...see if they hold the huge 200 level....
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 07 September 2022 - 09:27 AM
Rusty really struglin' at 1800 while trannies get whacked...
And WOW..is this best Apple bulls can do..on LAUNCH DAY?
See if bulls muster a bit better effort soon.
If not................
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 07 September 2022 - 09:48 AM
Apple not feellin' so good.
If TSLA can't get past 280 and starts to reverse....
Apple under 154 along with TSLA under 273 would likely be a bad combo in this critical area...
until TSLA actually show signs of faltering, bulls still with benefit of doubt for VST
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 07 September 2022 - 09:49 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 ...........................
If 3900 does go by bye, will start to look even more like Urgent Selling mode than it does now....
It looks that market operators have decided 3900 must hold. ST let's see what the CPI data will bring next week. I'd not be surprised to see a short squeeze before/after CPI next week ............................
Edited by redfoliage2, 07 September 2022 - 09:53 AM.
Member
Posted 07 September 2022 - 09:54 AM
Unless FDX stages big recovery later this week, weekly chart now starting to look very suspect.
If they get that 200 week MA rolling downhill, not likely to change direction real soon...
Edited by K Wave, 07 September 2022 - 09:55 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
