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RALLY Potential top ES 4100-50, down again


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#91 12SPX

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Posted 02 November 2022 - 11:33 AM

Love this selling beforehand , average long 3864.  Think I'll sit and wait now!! 



#92 K Wave

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Posted 02 November 2022 - 11:56 AM

Strap in...this could get a bit wild in an hour or so.

 

A LOT of things at pivotal spots 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

 

 


#93 K Wave

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Posted 02 November 2022 - 11:59 AM

Anyone else seeing possibility of 3 drive finale on 2 yr rates near 5%

 

2yr.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

 

 


#94 redfoliage2

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Posted 02 November 2022 - 12:20 PM

If the Fed says in the statement that no more 75 bp hike at its Dec. meeting the market is likely to gap up immediately upon the announcement  .................


Edited by redfoliage2, 02 November 2022 - 12:20 PM.


#95 K Wave

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Posted 02 November 2022 - 12:28 PM

If the Fed says in the statement that no more 75 bp hike at its Dec. meeting the market is likely to gap up immediately upon the announcement  .................

With 2 yr looking reasonably likely to go towards 5, guessing they will not say that, or they will have to walk it back later.

 

In any event, above 152 on Apple bulls get benefit doubt, and below 148 after gyrations, and bears get it.

 

I fully expect some fakery will be afoot for a bit after 2 eastern...


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

 

 


#96 redfoliage2

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Posted 02 November 2022 - 12:47 PM

If the Fed says in the statement that no more 75 bp hike at its Dec. meeting the market is likely to gap up immediately upon the announcement  .................

Hmm, SPX jumping up.  Shorts covering before the Fed statement?


Edited by redfoliage2, 02 November 2022 - 12:52 PM.


#97 redfoliage2

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Posted 02 November 2022 - 01:01 PM

If the Fed says in the statement that no more 75 bp hike at its Dec. meeting the market is likely to gap up immediately upon the announcement  .................

As I predicted .........................



#98 12SPX

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Posted 02 November 2022 - 01:04 PM

But you were bearish before lol, always love the flip lol!!  Whereas for me, Profit stop 3870....



#99 12SPX

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Posted 02 November 2022 - 01:39 PM

Boom out for a 6 point profit and starting a new build at 3854....



#100 12SPX

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Posted 02 November 2022 - 01:43 PM

profit stop 3855 buy below....