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Complex Bottoming, Part 2: Nearer to a sustainable LOW


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#61 beta

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Posted 10 October 2022 - 12:35 PM

TBT could be hitting a short-term peak here.  Buying TBT puts and TSLA as hedges, stop LOD.


Edited by beta, 10 October 2022 - 12:38 PM.

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#62 K Wave

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Posted 10 October 2022 - 12:49 PM

Bulls best hope Rusty  making another run at 1700...

 

Reclaiming that is first step at avoiding disaster..


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#63 redfoliage2

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Posted 10 October 2022 - 12:49 PM

Now the question is if bulls can hold SPX 3600 today/tomorrow? 


Edited by redfoliage2, 10 October 2022 - 12:54 PM.


#64 K Wave

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Posted 10 October 2022 - 12:52 PM

And trannies even stronger than RUT...

 

These are things you look for at a potential big turn up...

 

DO NOT want to see below those pivots just made now...

 

djt.png


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 dTraderB

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Posted 10 October 2022 - 12:58 PM

ES 3643 - NET ACCOUNT TODAY TURNS GREEN

I prefer retest of 3550 TODAY

#66 K Wave

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Posted 10 October 2022 - 01:03 PM

Gasoline crackin'...see if crude is not too far behind...

 

92 area at 2 hour resistance could turn out to be big down the road a bit.


Edited by K Wave, 10 October 2022 - 01:03 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

 

 


#67 redfoliage2

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Posted 10 October 2022 - 01:08 PM

Now the question is if bulls can hold SPX 3600 today/tomorrow? 

If SPX 3600 holds a double bottom around here is highly likely ...........................


Edited by redfoliage2, 10 October 2022 - 01:08 PM.


#68 beta

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Posted 10 October 2022 - 01:29 PM

Gasoline crackin'...see if crude is not too far behind...

 

92 area at 2 hour resistance could turn out to be big down the road a bit.

 

Rotation out of energy into tech.  


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#69 K Wave

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Posted 10 October 2022 - 01:39 PM

And after the 3 drive thrust up into 2 hour resistance, top may be in on crude

 

cl.png


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

 

 


#70 K Wave

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Posted 10 October 2022 - 01:49 PM

No joy for bulls on Rusty just yet...

 

They had better act SOON if they are going to...

 

 

rut.png

 


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