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BULLISH Seasonality -- beware of PULLBACKs!


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#41 12SPX

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Posted 15 November 2022 - 09:16 AM

Took a look at option prices and its like, who needs puts anymore lol!!  Calls are double what they should be and puts about half of what they should be and that's not good especially on an option week because they will be adjusted lol!!



#42 12SPX

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Posted 15 November 2022 - 09:52 AM

Placing my profit stop at 4017 and taken out as I did it for 1 point profit starting a new short build at 4020....



#43 K Wave

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Posted 15 November 2022 - 09:56 AM

As expected, 34K proving tough nut to crack for Dow as others play catch up.

 

IF 34K does indeed stop things, bulls may not be out of pen just yet...


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

 

 


#44 K Wave

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Posted 15 November 2022 - 09:57 AM

UNH real real close to potential breaking point after the final ramp to 560


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

 

 


#45 K Wave

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Posted 15 November 2022 - 10:01 AM

Still going to need Apple to tun back over before bears have any real hope of turning things back over on the indexes.

 

below 150 would be first sign of a flinch there...


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

 

 


#46 K Wave

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Posted 15 November 2022 - 10:02 AM

4140-4160 area possible on SP if bears can't get the throwover at 4K 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

 

 


#47 12SPX

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Posted 15 November 2022 - 10:03 AM

Hmmmm adding a little more bringing my average short to 4028...



#48 K Wave

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Posted 15 November 2022 - 10:06 AM

Now we see if MCD comes back below the breakout point


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

 

 


#49 12SPX

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Posted 15 November 2022 - 10:09 AM

profit stop 4027...



#50 K Wave

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Posted 15 November 2022 - 10:09 AM

Bears still need GS to stall out...back under 385 now might do it...


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