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Advantage BEARS - unfinished business below ES 3650; October bounce


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#551 K Wave

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Posted 30 September 2022 - 01:45 PM

Green shoots on Rusty wilting rapidly after the ill fated journey above the overnight highs...

 

Now Bulls had better hope they can hold 1670, or it could turn ugly into close


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

 

 


#552 K Wave

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Posted 30 September 2022 - 01:46 PM

If they close TSLA below the opening spike drop, could crash next week.


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

 

 


#553 K Wave

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Posted 30 September 2022 - 01:49 PM

SP fresh bear market lows


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

 

 


#554 K Wave

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Posted 30 September 2022 - 01:57 PM

Apple under 140 as the 1937 style slide continues...keep selling the rips to the upside...

 

June lows and far beyond coming soon...


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

 

 


#555 K Wave

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Posted 30 September 2022 - 02:02 PM

130 on WMT defended first crack at it


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

 

 


#556 K Wave

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Posted 30 September 2022 - 02:04 PM

they hit the ask on TSLA...now little intraday inverse H&S

 

bulls can still save it until the right shoulder at 266 gone.

 

If/when that happens...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

 

 


#557 K Wave

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Posted 30 September 2022 - 02:50 PM

10 handle on NDX could be imminent


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

 

 


#558 K Wave

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Posted 30 September 2022 - 02:57 PM

Can they get Rusty all the way to 1660 by the close?

 

If they gap it under next week bull likely toast longer term...


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

 

 


#559 K Wave

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Posted 30 September 2022 - 03:00 PM

Last time we had monthly charts with screaming downside momo like this was Oct Nov 2000 time frame during Dot.com bust.

 

Was not a particularly great time to be long stocks.


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

 

 


#560 beta

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Posted 30 September 2022 - 03:03 PM

Huge wave of selling in the last 10 minutes before the close is telling.  Note that QQQ closed BELOW the 268 pivot.  

 

Great trading everyone -- see you back next week.


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