370 replies to this topic

[12SPX]

profit stop 3695...

[12SPX]

And as I typed out for 5 points profit.  Think market may be capped here with that bond at 4%, see what the final hour brings otherwise maybe try a resell higher..

[K Wave]

So far they are keeping Uncle Buck from reaching escape velocity against Swiss...

 

But if today's low on CHF gets taken out, could turn ugly there in a hurry now...

 

Big line in the sand drawn now...

 

[12SPX]

Rats shoulda stuck with it, oh well see how this plays out in the end...

[redfoliage2]

 

Let's see for how long this gap will hold.  I see it will get filled soon or later .....................

In an OpEx week it's common to see ST trendless moves like this one.   But with VIX still above 30 it's likely this gap to be back filled before the week ends, maybe as soon as tomorrow.  At this juncture no bottom in sight for the bear market though some Wall Street firms see SPX 3000 to be the bottom ..................  

 

Today the Bear Market roller coaster ride continues with the market suddenly being elevated by almost 100 SPX points that may be the starting place for another dip ride....................

Edited by redfoliage2, 17 October 2022 - 01:48 PM.

[K Wave]

Fresh decade+ highs on 30 yr rate

[redfoliage2]

It looks all these strange moves are intended for the OpEx...................

Edited by redfoliage2, 17 October 2022 - 03:01 PM.

[redfoliage2]

It looks all these strange moves are intended for the OpEx...................

If so this ramping up may still got some way to go .....................

[K Wave]

Big time wedgie on WMT into the close...something likely to give pretty soon on this one

 

[12SPX]

Just came back and checked, looks like I'm short at 3700 going into the night session, could be interesting