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FED Tilts, BULLS exhale, ST BOTTOM in place - how high?


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#331 12SPX

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Posted 28 October 2022 - 09:02 AM

Whoops put in the wrong profit stop on the ndx and out for a 104 point profit at 11220....



#332 12SPX

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Posted 28 October 2022 - 09:03 AM

and out of the es for a profit of 25 points!! 



#333 redfoliage2

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Posted 28 October 2022 - 09:06 AM

Expect this early bounce gets sold hard later today as 10-yr bond yield moving higher after the fresh PCE data showing the inflation remains persistent ...........................

This looks for someone to get out .................



#334 K Wave

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Posted 28 October 2022 - 09:11 AM

Who is not surprised Trannies collapsing after opening pop?

 

Now we see about 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

 

 


#335 K Wave

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Posted 28 October 2022 - 09:15 AM

Bulls got one last chance to save it...and it needs to happen NOW


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

 

 


#336 K Wave

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Posted 28 October 2022 - 09:28 AM

And there it is...that is what bulls must hold now...

 

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

 

 


#337 12SPX

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Posted 28 October 2022 - 09:34 AM

I missed my 3830 buy by a fraction, short or not to short now lol!!   Could call it a day with only 1 day left to trade my 23rd consecutive month of no losses lol!! 



#338 12SPX

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Posted 28 October 2022 - 09:49 AM

Okay starting a short build at 3875....



#339 K Wave

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Posted 28 October 2022 - 09:51 AM

Naz got 11440...now need Rusty over 1820....and turn at 1800 may be sealed in....

 

Huge pivot zone here, so unless RUT back below goes back below 1800, it should start to play catchup now.


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

 

 


#340 dTraderB

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Posted 28 October 2022 - 09:56 AM

Bear-killer rally that could be the end of this leg up .... 

far better day than I thought, just kept going up, AAPL stocks bought yesterday profitable by as much as 15 points

AMZN recovered more than 50% of the losses .... 

BUT, not hanging around for more on this rally, closed most longs

 

Will hold TLT, UVXY, and few others