ES 3696.5 NET GREEN on account today.....
but ES will finish lower today
Posted 23 September 2022 - 02:34 PM
ES 3696.5 NET GREEN on account today.....
but ES will finish lower today
Posted 23 September 2022 - 02:44 PM
2 each ES & NAQ hedge short
what a rally during last hour....
want to hedge over the weekend, partially
Posted 23 September 2022 - 04:02 PM
So now that WMT has finally busted key level of 132, this is roughly what I expect there..
My guess is the move is relatively slow at first and then gets progressively steeper as we approach target.
Sorry for the very wide chart my 49" monitor lets me show, but needed to show target zone on this 3 hour chart.
Hopefully somehow shows up OK on other monitors.
That $100 area where the big base is should contain the next big wave down.
Now thinking perhaps next Fed meeting in early November marks a big swing tradable 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
Posted 23 September 2022 - 04:12 PM
Similar wide look at TSLA 3 hour...that 3 Drive top should have finished the bear rally, and now the meat and potatoes of the bear move.
Again targeting the big base area near 150...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 23 September 2022 - 04:16 PM
Apple...thinkin' $100, but if earnings warning/terrible earnings or revenue, perhaps even 80.
once that 3 hour 2 hundie starts rolling over....LOB
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 23 September 2022 - 04:24 PM
Assuming those 3 charts above come anywhere near to being accurate, it is anyone's guess where SPX will be....a lot lower than today....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy