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Complex Bottoming, Part 2: Nearer to a sustainable LOW


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#41 dTraderB

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Posted 09 October 2022 - 09:50 PM

Shorted 145.508
Sell limit 145.995

Yen approaching the swing lows again...
 
See if BOJ tries to give it another go at intervention that will fail at the end of the day....
 
BOJ not in enviable position right now dealing with a collapsing currency while traders relentlessly bang away on the 10 year cap...
 
Just a matter of time......



#42 dTraderB

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Posted 10 October 2022 - 08:39 AM

tech stock sale! BUY buy buy! 



#43 K Wave

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Posted 10 October 2022 - 09:36 AM

TLT...sub100...

 

No tellin' where it stops at this point...90 area should be support zone...

 

Unless it gets back above 102 PDQ, could go from bad to a whole lot worse 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

 

 


#44 K Wave

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Posted 10 October 2022 - 09:40 AM

So far...gap above 32 on VIX holding nicely...

 

hope longs have an exit strategy...


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

 

 


#45 K Wave

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Posted 10 October 2022 - 09:43 AM

UNH breaks the huge pivot...

 

now question is...straight down from here, or some time messing around 500 level first...


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

 

 


#46 K Wave

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Posted 10 October 2022 - 09:44 AM

AZO ORLY still have one last pivot to break...

 

Still think they will be on board if/when it turns real ugly...

 

So watching closely to see what happens next there...


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

 

 


#47 K Wave

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Posted 10 October 2022 - 09:50 AM

NDX making fresh bear lows.....

 

Rusty is Bulls best hope here....but if it breaks as well..........


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

 

 


#48 K Wave

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Posted 10 October 2022 - 09:52 AM

Softy takes out the big "bullish looking" low....Ruh Ro?


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

 

 


#49 K Wave

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Posted 10 October 2022 - 09:58 AM

Unless RUT cash can recover 1700 REAL SOON....this could get beyond ugly over coming weeks...

 

BTC right at the edge as well..


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

 

 


#50 K Wave

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Posted 10 October 2022 - 10:05 AM

USD CHF   taking aim on parity again after the big wedgie...

 

IF...CHF falls below parity for any length of time...monthly chart looks like a horror show waiting to happen for it.

 

2022 Yen was best currency play....2023 might be Swissy's turn

 

usdchf.png

 

Seriously, a monthly close over say 102, and this thing could easily fall to 1.50 or worse against Uncle Buck.

 

chf.png


Edited by K Wave, 10 October 2022 - 10:06 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