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The BOUNCE, then the PLUNGE, again


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#301 K Wave

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Posted 23 September 2022 - 09:26 AM

Advance Auto fresh bear lows...how much longer until last cars over the top AZO ORLY follow?


Edited by K Wave, 23 September 2022 - 09:26 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

 

 


#302 K Wave

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Posted 23 September 2022 - 09:47 AM

WMT..at long last...Timber?

 

wmt.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

 

 


#303 dTraderB

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Posted 23 September 2022 - 09:51 AM

NEW UVXY CALL position



#304 dTraderB

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Posted 23 September 2022 - 09:51 AM

should be filled above 11.6

 

NEW UVXY CALL position



#305 dTraderB

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Posted 23 September 2022 - 09:54 AM

let's break ES 3700 Support!  

Want lower entry prices for stocks, CALLS, ETFs!



#306 dTraderB

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Posted 23 September 2022 - 09:56 AM

Still not opened new NVDA and AMD positions,,,



#307 steadyquest

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Posted 23 September 2022 - 09:57 AM

NYSE is totally toast this morning.   Now fresh lows for the DOW.



#308 K Wave

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Posted 23 September 2022 - 10:01 AM

NYSE is totally toast this morning.   Now fresh lows for the DOW.

Folks will slowly start to realize this aint your parents stock market any more...

 

40 yr cycle has turned...things that used to work...maybe not so much for a while to come


Edited by K Wave, 23 September 2022 - 10:01 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

 

 


#309 beta

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Posted 23 September 2022 - 10:22 AM

Qs should bottom around 275-276

 

 

Today's LOD so far is 274.  imho we've hit a short-term bottom as traders who caught Wed's Fed plunge will close out their positions.

 

This pattern is showing wave 3 characteristics.  Far more dangerous than most realize.

 

Keeping NDX puts and bot some AMZN to hedge.   Will look to add shorts near the close or Monday.


Edited by beta, 23 September 2022 - 10:23 AM.

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#310 K Wave

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Posted 23 September 2022 - 10:31 AM

This battle for 150 on Apple likely bulls last stand....

 

If we close below this battle ground today, could get super ugly on Monday...

 

See how it plays out here....see nothing that says cover everything yet....


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