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Complex Bottoming Process in October/November -- Still Advantage BEARS


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#271 12SPX

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Posted 06 October 2022 - 09:21 AM

out for 1 point profit, hmmm



#272 dTraderB

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Posted 06 October 2022 - 09:23 AM

I do NOT want to daytrade AMZN .... unless that is all I am trading...

but it is fun in the 1m chart

I will stick with NQ for now 

 

I think the BULLS' propaganda war will pressure the FED to crack and TILT towards dovishness

Yes, not PIVOT but a slight TILT -- and that is all the BULLS want to take this to ES 4200 in a few days. 

 

More importantly, a BOTTOM will be in place, and a fairly firm one, so that the whole psychological framework - and sentiment - will be transformed into 

a bullishness that may last for weeks .. unless a major geopolitical event intervenes


Edited by dTraderB, 06 October 2022 - 09:23 AM.


#273 K Wave

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Posted 06 October 2022 - 09:23 AM

Until 20 yr comes back under 4% TLT bulls not safe....

 

and could still get ugly...


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 06 October 2022 - 09:26 AM

30 min chart on UNH wants to turn...bears need under 517 to start sealing the deal


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 06 October 2022 - 09:27 AM

AZO right shoulder to finish off the bull still a definite possibility...


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 06 October 2022 - 09:27 AM

But still need WMT back under 133...


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 06 October 2022 - 09:30 AM

Bears still alive in terms of VIX..

 

Above 30 again and could be a lot more than just alive...

 

VIX.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

 

 


#278 12SPX

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Posted 06 October 2022 - 09:31 AM

Trying another long build at 3760



#279 12SPX

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Posted 06 October 2022 - 09:34 AM

ps 3761



#280 12SPX

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Posted 06 October 2022 - 09:36 AM

Out for another point profit, hmmmmm