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Extreme bearishness to IRRATIONAL EXUBERANCE


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#61 K Wave

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Posted 13 September 2022 - 08:21 AM

This is starting to look like another classic episode of the "Fake MACD Upturn below Zero line" in a Bear market....

 

IF so, this is where the Real Ugliness would begin....

 

Could be a few more twist and turns in the Alligator Jaws, but we should be real close to good directional swing trading action now...


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 redfoliage2

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Posted 13 September 2022 - 08:22 AM

It's likely a "Buy the Rumor and Sell the News" setup if tomorrow's CPI data not as rosy as the traders thought or changes not as significant as the Fed would like to see.....................

I warned what's happening .....................



#63 12SPX

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Posted 13 September 2022 - 08:23 AM

Adjusting my short to 4040 and was taken out for a nice 86 point profit.  Still want a 100 point day so we'll see how the cash open goes sure they'll try to bring it up some...



#64 K Wave

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Posted 13 September 2022 - 08:28 AM

TSLA 15 min.....all about 290.....

 

If bears can do it, ball likely starts rolling downhill,

tsla.png

 

and possibly fast, lookin' at 3 hour....just need Synchronicity to set in.....

 

tsla.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

 

 


#65 K Wave

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Posted 13 September 2022 - 08:33 AM

AMZN...Psych! ??

 

Big Red here today could look real Ugly on that chart

 

amzn.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

 

 


#66 12SPX

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Posted 13 September 2022 - 08:57 AM

Hmmmmmm wish there was more pop to reshort so trying a long build at 4030 for now lol!!



#67 K Wave

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Posted 13 September 2022 - 09:00 AM

IF Apple can make it all the way below 156 today, along with Tesla under 290, that might finish off the bulls.


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

 

 


#68 12SPX

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Posted 13 September 2022 - 09:01 AM

Rats out for 1 putting on my profit stop, hmmmmm



#69 K Wave

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Posted 13 September 2022 - 09:02 AM

Google going after that swing low...


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

 

 


#70 12SPX

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Posted 13 September 2022 - 09:06 AM

Trying again with a long at 4020 as the cash market is testing 4000!!  Gonna be a fun day lol.....