Jump to content



Photo

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


  • Please log in to reply
426 replies to this topic

#331 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,034 posts

Posted 07 October 2022 - 07:17 AM

I am buying, gradually, ... all the way down to new lows if market trades there. 

 

Difficult to time this market but I think PEAK YIELDS and PEAK INFLATION as well as PEAK DOLLAR are here or behind us. 

 

Will add LONGS selectively and HEDGE partially later. 

Monthly chart suggests Dollar blows out 120...but could be pullback at any time.

 

200 MA just starting to turn up...this should run for more than a minute...

 

And shorting the buck with that monthly momo configuration not a battle I would choose anyway.

 

dxy.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

 

 


#332 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,692 posts

Posted 07 October 2022 - 07:22 AM

 
Yesterday, I was looking for a dip to 3725-35 ahead of todays 830AM NFP & hit overnight. #ES_F now basing/flagging for 3 days, setting up a large move Plan today: As long as 3725, 3705 holds on any post-NFP spikes down, 3785, 3820, 3855+ in play. 3705 fails, we sell to 3655
Quote Tweet
 
 
 
 
 
 
ZVBuToeP_mini.jpg
 
Adam Mancini
 
@AdamMancini4
·
16h
Closing update : #ES_F is on pause as we wait for NFP tomorrow. 3760 was key support today and its cracking late day, which likely puts 3725-35 in play into NFP. Bulls need >3785 to rally direct regardless.


#333 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,034 posts

Posted 07 October 2022 - 07:25 AM

With charts where they are, this could be one of more important NFP reports in a while.

 

Post numbers fakery a distinct possibility...but once things settle in, we may get directional indicator for next swing..


Edited by K Wave, 07 October 2022 - 07:25 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

 

 


#334 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,695 posts

Posted 07 October 2022 - 07:27 AM

Everyone ready, I'm flat going in.  Did a couple longs at 3750 for a few points here and there before bed but just not feeling like guessing since were right in the middle.  Could be exciting and will be interesting to see how the bond market reacts in a few minutes.  MAybe a party or just more grind grind grind lol!!! 



#335 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,034 posts

Posted 07 October 2022 - 07:31 AM

Beware the fakery...


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

 

 


#336 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,034 posts

Posted 07 October 2022 - 07:32 AM

But if this does stay down, bulls could be in some trouble...


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

 

 


#337 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,034 posts

Posted 07 October 2022 - 07:34 AM

2 yr tested the highs on the move.....now we see if it sticks and they take it out or not....


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

 

 


#338 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,034 posts

Posted 07 October 2022 - 07:36 AM

Back above 102 after that dip could be a buy on TLT.

 

But if that low gets taken out..................


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

 

 


#339 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,695 posts

Posted 07 October 2022 - 07:41 AM

And whalla grind grind grind lol!!! 



#340 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,034 posts

Posted 07 October 2022 - 07:45 AM

Hangin' Man with confirmation yesterday on Dow continuous chart right at the Big Line...

 

Now bears have to keep it down today if they truly want the ball.

 

Would not be short back above the line now...

 

Thus far though...all according to Bear Battle plans....

 

dji.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