The aftermath of that setup....posted realtime way back when by the way, when someone posted TA was useless. I said wait and see.
Complex Bottoming Process in October/November -- Still Advantage BEARS
Started by
dTraderB
, Oct 02 2022 04:12 PM
426 replies to this topic
#411
K Wave
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Posted 07 October 2022 - 01:00 PM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#412
Waver
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Posted 07 October 2022 - 01:05 PM
Weekly Inverted Hammer on the indices
#413
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Posted 07 October 2022 - 01:13 PM
If we start breaking the intraday lows after 2:30, and you see VIX above 32...may be time to fasten those seat belts...
See if bulls can manage to prevent that...or not....
VIX back under 30 now would be possible first sign bears not gonna take full control...
Perhaps not the place to initiate shorts, but time to make bulls prove that you should cover.
And so far...no sign of that....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#414
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Posted 07 October 2022 - 01:14 PM
UNH new low for month of October 504...gettin' 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
#415
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Posted 07 October 2022 - 01:16 PM
TLT bulls really really hopin' they can get something going before that 1 min 200 starts to kink down again heading into close of a very bad 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
#416
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Posted 07 October 2022 - 01:26 PM
UNH 502...500 tag likely now...but can they close it under???
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#417
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Posted 07 October 2022 - 01:30 PM
Fresh lows.. check
VIX..not 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
#418
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Posted 07 October 2022 - 01:38 PM
They need to take TLT vertical up pretty soon now, or bottom could fall 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
#419
12SPX
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Posted 07 October 2022 - 01:40 PM
I'm starting to think that we might not see green today lol!!! Average long 3675...
#420
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Posted 07 October 2022 - 01:55 PM
How bad it gets could be whether or not UNH has one last gasp bounce left in it off of 500....
IF it does, could still be a few more days before Dow lets go...
I think it is now broken, but maybe somewhat of a battle for 500.
It it does end up closing well under, then any back test bounce towards 500 area should be kiss of death...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
