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


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#61 K Wave

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Posted 03 October 2022 - 11:24 AM

 

Rusty trying to get something going of the 1 min 200 test..

 

now see if it can finally take out Friday high...

not showin' much gumption just yet...

 

see if it has any better luck on 2nd go 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

 

 


#62 K Wave

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Posted 03 October 2022 - 11:31 AM

Rusty bulls better step on it soon, or the Captain may turn on the Fasten Seat Belt sign again...


Edited by K Wave, 03 October 2022 - 11:31 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

 

 


#63 12SPX

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Posted 03 October 2022 - 11:34 AM

Starting my new long build at 3660, will add if we move below...



#64 K Wave

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Posted 03 October 2022 - 11:34 AM

Rusty bulls better step on it soon, or the Captain may turn on the Fasten Seat Belt sign again...

OK, that looks like the pivot, now bulls need to take it out the top 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

 

 


#65 K Wave

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Posted 03 October 2022 - 11:45 AM

looking like the unsustainable verticality in 2 year rates might be stalling out... 5 min timeframe rolling over, and just cracked the 15 today

 

4% looks key....


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

 

 


#66 K Wave

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Posted 03 October 2022 - 11:52 AM

Rusty strugglin' to make the turn here...bulls do not want to see hard down anytime soon here...


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

 

 


#67 linrom1

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Posted 03 October 2022 - 11:55 AM

So......is everyone expecting FED pivot now?



#68 K Wave

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Posted 03 October 2022 - 11:58 AM

and that may have been the little shake to test pivot low..

 

probably a good place for stop 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

 

 


#69 beta

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Posted 03 October 2022 - 11:58 AM

This bounce is driven by the energy complex and should fade by late afternoon, tomorrow latest.

 

Sold TSLA 250 puts.  Added to NDX shorts. 


Edited by beta, 03 October 2022 - 11:58 AM.

"Daytrading -- An Extreme Sport !"

#70 K Wave

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Posted 03 October 2022 - 12:02 PM

Apple testing HOD...145 area still the target zone if it can bust out here


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