391 replies to this topic

[K Wave]

Trannies down 800 on an index where 800 is A LOT

 

Really nice bear transition over the summer...now the lows about to go...no sign of momo slowing or diverging here...

 

Next week could be interesting...

 

[beta]

Closing my NDX shorts here but keeping META puts. 

 

I think they walk it back to the gap fill today or Monday, before heading lower.

Edited by beta, 16 September 2022 - 01:23 PM.

[redfoliage2]

Longer term picture looks pretty bearish - June lows beckoning:

 

https://stockcharts....id=p81930804327

Edited by redfoliage2, 16 September 2022 - 01:52 PM.

[K Wave]

IF Tesla can complete the 2:30 time window attempt at 1 min back kiss, then bears could still take it away.

 

But if not, then would be sign something off, and would start booking some of the big gains, rather than let them ride over the weekend.

 

But if we end up going Pedal to the Metal down into close, then gonna:

 

[dTraderB]

TESLA above 301 now, will buy a few PUTS, starting with 2 or 3 

 

closed all TESLA PUTS

will reopen above 315

[K Wave]

SP trying to get late day action going upside...

 

3860 on this chart and 302 on TSLA are the cautions to the bears...

 

So as long as above. possibility of further upside.

 

Never like being too short when Tesla refuses to break on down day

Edited by K Wave, 16 September 2022 - 02:08 PM.

[K Wave]

TSLA back to 302...a throwover here could still work for bears...but  back test and launch not so much....

[K Wave]

Precision Twin Towers throwover?

 

[K Wave]

starting to look like SP might hold the line...

[K Wave]

15 min left...this tricky little area may not get resolved until Monday