Member
Posted 14 October 2022 - 12:44 PM
Rusty still a hair under 1700, but if it can reclaim it by close bulls should be OK.
But if it never does and selling starts hitting soon, could be a whole nuther story....
SOX/NDX look to be in most potential danger here, so clue may come from there...
Edited by K Wave, 14 October 2022 - 12:44 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
Member
Posted 14 October 2022 - 12:44 PM
Big time battle for 3600 on SPX here...
As long as bulls do not lose, they still potentially have a bottom yesterday.
But should they lose, could be a quick trip down to take out the very important low...
Yesterday's low around SPX 3500, soon or less just a matter of time, though it's not the bottom for the bear market. The Street sees the ultimate bottom will be SPX 3000.................
Edited by redfoliage2, 14 October 2022 - 12:50 PM.
Member
Posted 14 October 2022 - 01:28 PM
Average ES long 3610, Ndx 11,013...
Member
Posted 14 October 2022 - 02:18 PM
Still two weeks left in Oct. and still possible for a Black Monday 1987 .......................
Intel to layoff 20% workforce:
https://www.theverge...ining-pc-market
What's going on with semiconductor business? Too much unconsumed inventory? Is the market ready for a hard landing?
Edited by redfoliage2, 14 October 2022 - 02:28 PM.
Member
Posted 14 October 2022 - 02:40 PM
Oh my the markets not crashing into the close, oh right actually just grinding, out for a profit of 1 point as I had just put on my profit stop and back in starting my long build for the weekend at 3609....
Member
Posted 14 October 2022 - 02:51 PM
TSLA finally getting a weekly close under June Low
See what next week brings, but this does not look like a good close for Bulls on Naz or Rusty...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
lasergirl
Posted 14 October 2022 - 03:12 PM
$SPX closes below its weekly 200MA. COMPQ, NDX and RUT now solidly below, and trending lower.
I have yet to see anyone on this entire FF board provide a sound TA as to why the markets are a LT buy here.
Member
Posted 14 October 2022 - 03:20 PM
Ok boys, you've got the whole weekend to crash talk.....again.....lets get going!!!!
lasergirl
Posted 14 October 2022 - 03:33 PM
Ok boys, you've got the whole weekend to crash talk.....again.....lets get going!!!!
If you werent such a good contrarian indicator, I would put you on IGNORE. 
Member
Posted 14 October 2022 - 06:11 PM
Ya those 23 months straight of posted winning trades that have never seen a loss are really contrarian, maybe start posting the start and end of your trades and then you can open your mouth otherwise shut it, I should be the one hitting ignore. Pretty easy to criticize when you don't have the balls to show your trades!!!
