235 replies to this topic

[K Wave]

OK BIG pivot now at 1800...IF bulls do take it later, would pay attention.

 

In the meantime, bears still with the post-fed ball....

[K Wave]

2 yr right at 4.75....

 

 

Still a very fluid situation here...

[K Wave]

here come those rusty bulls again....see if 3rd time is the charm...

[K Wave]

Rusty 1 min could decide it all here..can bulls punch out over 1800???

 

 

Edited by K Wave, 04 November 2022 - 07:54 AM.

[dTraderB]

Relatively dull post-NFP session.
So dull that I counted the previous 19 hourly NQ candkes were engulfed by current one that seems frozen...
But this is the calm before the storm...
Want to trade hang seng and leave at kease 2 lots LONG over the weekend, depends where ES closes today.

[12SPX]

Keeping my profit stop at 3740 even with this pop, could see a big move here.  Still think the entire day will rest on where bonds go.  In my view bond yields are peaking here and I think as we move into year end they won't change that much and thus we'll have at least a small rally.  Inflation is going to start to drop so the Fed won't have to keep lifting.  Fed fund futures I believe are already saying the next increase will only be .50 I believe.  In the end as long as bonds don't make new highs it will help to support the stock market.  If they make new highs the market will remain under pressure....grind grind grind, no crashes very simple....

[redfoliage2]

What pumps up the index futures overnight?  It smells another fake news.........................

Edited by redfoliage2, 04 November 2022 - 08:16 AM.

[12SPX]

Gathering steam here might see some volatility at the open.  Profit stop 3750, decide after that if hit.  For my ndx trade profit stop 10,850....

[12SPX]

Futures up on fake news from China ..................

which was....

[12SPX]

hmmmmmm well, out of my ndx trade for a profit of 25 points....