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The BOUNCE, then the PLUNGE, again


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#231 K Wave

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Posted 22 September 2022 - 10:23 AM

VIX coiling at the highs....


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

 

 


#232 K Wave

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Posted 22 September 2022 - 10:28 AM

 

IF 290 don't hold...next big level on TSLA 280...below that...the abyss...

 

260 might hold .. the first time.

 

TSLA gonna end up at the Daily 900...at least...just like everything else.

 

I waited and waited and waited to jump on those puts...and yesterday afternoon after that perfect 3 drive setup, finally got the signal....


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

 

 


#233 K Wave

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Posted 22 September 2022 - 10:31 AM

OK TSLA finally looking like some kind of VST bottom....

 

See what bulls can do with it...

 

BTC still holding the 18.8 pivot...


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

 

 


#234 beta

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Posted 22 September 2022 - 10:33 AM

GOOG looks like good support in mid-80's.  Will be buying there.  rolleyes.gif


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#235 beta

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Posted 22 September 2022 - 10:35 AM

 

 

IF 290 don't hold...next big level on TSLA 280...below that...the abyss...

 

260 might hold .. the first time.

 

TSLA gonna end up at the Daily 900...at least...just like everything else.

 

I waited and waited and waited to jump on those puts...and yesterday afternoon after that perfect 3 drive setup, finally got the signal....

 

 

Thanks to your awesome charts, I loaded up TSLA puts yesterday too.  Will be buy-and-hold until Oct expiry.


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#236 redfoliage2

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Posted 22 September 2022 - 11:00 AM

 

With the Fed meeting out of the way bears now have nothing to fear with selling in Sept - Oct.  It's very likely the June's low SPX 3650 to be tested before long.  If bulls want a bottom they got to wait to see how that low is to be tested, or it's like catching a falling knife  ....................

This is the time window for some big funds to do portfolio rebalancing.  I'd expect heavy selling in the next few days.....................

 

SPX 3750 visited today, but it's not a support.   There is a minor support at 3700.  Likely to be there tomorrow or early next week....................


Edited by redfoliage2, 22 September 2022 - 11:01 AM.


#237 12SPX

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Posted 22 September 2022 - 11:05 AM

Yay a prediction, lets see how it goes....



#238 K Wave

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Posted 22 September 2022 - 11:13 AM

BTC coming for that 18.8 again....


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

 

 


#239 beta

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Posted 22 September 2022 - 11:20 AM

Seems like a mosquito buzzing in the room ...  ignore.  laugh.png


Edited by beta, 22 September 2022 - 11:20 AM.

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#240 steadyquest

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Posted 22 September 2022 - 11:23 AM

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