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


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#281 12SPX

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Posted 06 October 2022 - 09:44 AM

Haha, just came back and saw I was filled again at 3760, ps 61...



#282 12SPX

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Posted 06 October 2022 - 09:49 AM

ps70 lets get right back up lol, told you it was gonna be choppy lol



#283 K Wave

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Posted 06 October 2022 - 09:56 AM

USD CHF  continues to coil in what looks like pre-launch wedge for the move above parity....

 

BIG level there...

 

chf.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

 

 


#284 12SPX

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Posted 06 October 2022 - 10:01 AM

ps3780 getting tempting to short again lol!! 



#285 12SPX

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Posted 06 October 2022 - 10:05 AM

And out for a 20 point profit gotta love it lol!! 



#286 K Wave

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Posted 06 October 2022 - 10:21 AM

Looks like pivot on Dow set right at 30K...

 

Until bears take that pivot back, they in danger of swing term fumble now...


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

 

 


#287 K Wave

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Posted 06 October 2022 - 10:33 AM

20 yr back testing 4.07 area...should either launch or fail 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

 

 


#288 linrom1

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Posted 06 October 2022 - 12:05 PM

Not moving beyond 38.2% retracement.



#289 dTraderB

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Posted 06 October 2022 - 12:24 PM

Many are talking about the recent "THRUST" possibilities:

What can we expect from the recent double thrusts in the market? Historically, they have always preceded positive returns,

writes in #SentimentEdge

 

This from a mail from Sentiment Trader:

What the research tells us
  • On consecutive sessions, more than 5 times as many securities on the NYSE advanced as declined.
  • Even more notably, more than 10 times as much volume flowed into advancing than declining securities.
  • Both types of thrusts have always preceded a positive one-year return in the S&P 500.
  • Short-term returns tended to be weak as buyers took a temporary breath.

 



#290 dTraderB

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Posted 06 October 2022 - 12:25 PM

I would like to see a retest ES 3820 so I can SHORT again....