177 replies to this topic

[K Wave]

Seeing the fist signs of crackage in a lot of things...probabaly gonna need Big Kahuna UNH to fail 540 though for bears to get any damage done

[K Wave]

Watching this 3 min chart of UNH....

 

Failure to get though 540 and back below the line would likely be a sell signal....and possibly a big one.

 

But a breakout over 540 could very well mean bears do not have what it takes to roll it over yet.

 

Edited by K Wave, 06 December 2022 - 10:53 AM.

[12SPX]

Because I think it will turn up.  Always easy to say after the fact what you should have done.  Of course I wish I was short now but its already happened so a person is crazy to change now.  With today's market it could turn and be up +20 points in 5 minutes.  I'd rather watch and add a little here and little there until it comes.  Believe it or not the market the market doesn't go up forever and doesn't go down forever in all time frames.  If your short why didn't you post it on here as soon as you placed it??

[K Wave]

Dow 4 hour...as I said the other day, a breach of 34300 was the place to start aggressively shorting.

 

33600 area now needs to hold or it starts to look a lot like a big ol' bull Fedwords trap...

 

[K Wave]

May all hinge on UNH action dead ahead whether we get a full rollover or not...

[K Wave]

Apple certainly doing its part for bears

[K Wave]

UNH back down to the 1 min pivot line....could be REAL close to decision time

[K Wave]

Big level on NDX still 11400.

 

Trannies already blew away 14300

[K Wave]

Trannies 4 hour momo shot and now structure on the verge of The Big Roll after the insanely obviously massive blowoff top Nov '21

 

[K Wave]

Will be total launch failure if Rusty closes back under 1820.

 

That is why I said pay real close attention to what happens at 1900, as it would determine launch mode or possible bull trap mode...

 

Looking more like the big trap at this juncture..