no major damage yet...just pullback to breakout levels so far...
Complex Bottoming, Part 2: Nearer to a sustainable LOW
Started by
dTraderB
, Oct 09 2022 09:34 AM
492 replies to this topic
#441
K Wave
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Posted 14 October 2022 - 09:33 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
#442
K Wave
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Posted 14 October 2022 - 09:37 AM
WMT could be at huge decision point here at 132.
Above 133 again and bulks could conceivably start to take it away.
But back below 131, and this may have been last gasp....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#443
redfoliage2
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Posted 14 October 2022 - 09:37 AM
Albeit the huge counter-trend bounce the bear market still far from done. I see SPX below 3500 before long. It's unavoidable, just a matter of time ......................
It's likely that SPX will have to revisit yesterday's low around the Fed meeting day ....................
More likely after the Fed meeting if the Fed remains hawkish at the meeting .....................
#444
12SPX
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Posted 14 October 2022 - 09:39 AM
and now profit stop 3640 on my long, gotta love the grind!!
#445
12SPX
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Posted 14 October 2022 - 09:42 AM
Out for 2 points, starting my long build at 3638
#446
12SPX
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Posted 14 October 2022 - 09:45 AM
Average long 3633
#447
12SPX
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Posted 14 October 2022 - 09:54 AM
profit stop 3635....
#450
12SPX
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Posted 14 October 2022 - 10:03 AM
And out for a nice 17 point profit....
