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BULLISH Seasonality -- beware of PULLBACKs!


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#181 redfoliage2

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Posted 18 November 2022 - 11:30 AM

With SPX 3910 tested and held yesterday now I see SPX has a chance to test the 200 ma at 4068 next week .................



#182 linrom1

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Posted 18 November 2022 - 11:38 AM

.....meanwhile they're loading up on BTC, ETH, Solana for Xmas and Kwanza.



#183 K Wave

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Posted 18 November 2022 - 12:23 PM

That is some ugly action after the open on XRT at 66....still above 64, but if that does not hold this afternoon, that Island in the Sky going to look a bit more ominous after the right shoulder


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

 

 


#184 K Wave

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Posted 18 November 2022 - 12:25 PM

Time frames starting to tighten up their alignment with Apple 150....see if it holds this time down...


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

 

 


#185 dTraderB

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Posted 18 November 2022 - 12:26 PM

If this decline continues then I will start  new LONG positions

 

Not there as yet but below ES 3930 and NQ 11550 I will buy a few tech stocks   AMZN will be the first



#186 K Wave

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Posted 18 November 2022 - 12:27 PM

Bearish Engulfing at this particular location would not look so good on Naz chart....see if bulls can finally step up in the afternoon....or not


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

 

 


#187 dTraderB

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Posted 18 November 2022 - 12:28 PM

has recovered from the OCT lows and still in an uptrend, not a strong one but not collapsing

 

This is on my watchlist of ETFs

 

That is some ugly action after the open on XRT at 66....still above 64, but if that does not hold this afternoon, that Island in the Sky going to look a bit more ominous after the right shoulder



#188 K Wave

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Posted 18 November 2022 - 12:30 PM

Trannies very wedged...should be some sort of decision there soon...


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

 

 


#189 K Wave

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Posted 18 November 2022 - 12:40 PM

Dow held right where it need to on the pullback...now we see if bulls have anything left...


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

 

 


#190 K Wave

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Posted 18 November 2022 - 12:45 PM

NDX...danger zone below 11600, and if it can go back up and take out HOD, then pretty big air gaps start to open upside on 3, 4 hours looks...

 

Very critical area here....could all hinge on Apple 150...


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