125 replies to this topic

[K Wave]

Cannot tell you how many price reduced commercial properties are coming my way now from the 1031 mailing lists I still am on. Pretty much every one now...

[K Wave]

I should add cattle into things that have not yet rolled over in a big way.

 

Looking like perhaps one more push there before collapse.

[K Wave]

Looking like drop on Apple may stick....no bueno for bulls if it does....

[K Wave]

Now that all the BS is out of the way, Apple free to do what it really wants to do.

 

142 and 145 remain the big levels, but that hourly startin' to look a bit ugly now, unless big recovery in Apple.

 

Close under 142 and things could get ugly....

[K Wave]

Battle for XRT 64 continues...this is likely bulls last chance to save it, and could be a very big save if it happens.

 

A close under 64 could kill it now..

 

Man O Man, is that chart wedged out.....

[K Wave]

Here comes back test of the broken 3 min pivot on Dow...

 

Bulls need to not stall out right about here if they are going to take higher....

 

Under 34K one more time might get it done for bears if bulls take their foot off the gas here

Edited by K Wave, 14 December 2022 - 03:14 PM.

[linrom1]

There was nothing dovish in Powell's statements or conference. Powell went to extremes to imply that there is no chance in hell of any rate cuts or any kind of moderation in policy before inflation is a 2%.

[redfoliage2]

It looks that the market is ready to go lower to break yesterday's low ................

Okay, It dropped thru yesterday's low.  Not a good sign for the market.  Now let's see how low it's going by the close.  ................

Edited by redfoliage2, 14 December 2022 - 03:38 PM.

[redfoliage2]

deleted

Edited by redfoliage2, 14 December 2022 - 03:46 PM.

[redfoliage2]

As SPX holding well by the close and also considering other variables we may see a bounce tomorrow ..................

Edited by redfoliage2, 14 December 2022 - 04:13 PM.