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The BOUNCE, then the PLUNGE, again


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#271 K Wave

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Posted 23 September 2022 - 04:50 AM

Total failure to launch on Gold last night...

 

This is ugly action folks...

 

gold.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

 

 


#272 K Wave

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Posted 23 September 2022 - 04:57 AM

Value line Geo still in Urgent Selling mode after the powerful rejection at the 900 day....

 

We saw what happened to FDX after its 900 failure...

 

It may...or may not get a bounce at 500...below that is not Heaven for bulls and should complete the 40 year throwover on the Monthly chart with the rapidly disintegrating momo

 

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Edited by K Wave, 23 September 2022 - 04:57 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

 

 


#273 K Wave

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Posted 23 September 2022 - 05:06 AM

All Apple has to do today is stay under 152, and it should be LT broken...with intermediate time frames just gettin' back underway on the next rollover wave...

 

IF...it does not do that, then would be first big script deviation from the mid-September to October plunge story....

 

potentially big day here....


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

 

 


#274 K Wave

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Posted 23 September 2022 - 05:30 AM

More fantastic news for the disintegrating FB/META stock...

 

 

https://techcrunch.c...it-ios-privacy/

 

The plaintiffs allege that Meta follows users’ online activity by funneling them into the web browser built into Facebook and injecting JavaScript into the sites they visit. That code makes it possible for the company to monitor “every single interaction with external websites,” including where they tap, and what passwords and other text they enter.

 

Now, even when users do not consent to being tracked, Meta tracks Facebook users’ online activity and communications with external third-party websites by injecting JavaScript code into those sites. When users click on a link within the Facebook app, Meta automatically directs them to the in-app browser it is monitoring instead of the smartphone’s default browser, without telling users that this is happening or they are being tracked.

 

Covid lows go bye bye today after just missing yesterday?

fb.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

 

 


#275 K Wave

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Posted 23 September 2022 - 05:36 AM

Dr. Copper completely collapsing after yesterday's attempt to stand up failed...

 

cop.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

 

 


#276 K Wave

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Posted 23 September 2022 - 06:06 AM

May have been off by a day on VIX...maybe today is the the day they blow out 28...

 

Above 30 and probably scary time...

 

Above 35 super scary...

 

In any event, as long as the pre-market drop in Apple sticks, bulls may have some big problems on their hands...

 

And TSLA looks to have made that quick trip to 280 area....once that goes...sayonara


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

 

 


#277 K Wave

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Posted 23 September 2022 - 06:42 AM

2 yr 4.23% ...getting pretty vertical, but does not mean can't see last crazy straight up move...

 

If so, 5 area might be target...

 

 

Again...just can't even imagine the S hitting the fan right now that we wont find out about for months down the road...


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

 

 


#278 dTraderB

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Posted 23 September 2022 - 07:08 AM

THE PLUNGE is on, almost over. 

ST bounce, retest lows, possible new 2022 LOWS again

 

and... I am buying... for LT and RISK Portfolios

 

Also, TLT CALLS -- huge position as new LOWS made 



#279 K Wave

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Posted 23 September 2022 - 07:26 AM

THE PLUNGE is on, almost over. 

ST bounce, retest lows, possible new 2022 LOWS again

 

and... I am buying... for LT and RISK Portfolios

 

Also, TLT CALLS -- huge position as new LOWS made 

Until Apple is back above 154, I beg to differ...

 

There is still huge potential downside here...monthly Apple chart is a disaster waiting to happen...

 

IF we do blowout the last support area today, should only accelerate from here...

 

But, if Apple does not start to plunge hard here, then possible you are right...

 

Am loaded for bear, but know where I am wrong...

 

This hourly is what I am looking at...was last support before everything starts to sync up downside...

 

AAPL.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

 

 


#280 K Wave

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Posted 23 September 2022 - 07:38 AM

TSLA levels to watch are 280, and below that 265...

 

But if 280 gets taken, 265 should just be a speed bump....


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