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Posted 30 December 2022 - 10:03 AM
UNH tryin' to bounce off of the now all important 527....
If that fails, then dam may finally starts to break open there on one of most massive super bubbles in stock market history...which just also happens to be the biggest weight stock in the Dow....
Edited by K Wave, 30 December 2022 - 10:04 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 30 December 2022 - 10:06 AM
And remember, we got the Monthly Hangin' Man on UNH in November....tick tock....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 30 December 2022 - 10:08 AM
Placed limit orders to buy a few TESLA FEB 115 & 110 PUTS
Holding 5 March CALLS -- want to hold this for a while
BUT ST I think TESLA could plunge below 100
Holding all LONGS
will add more HEDGES only above ES 3860
Will add MARCH CALLS in AAPl, AMZn. GOOGL only below this week's current lows
ES could plunge below 3790 so I am waiting.... watching
However, I expect ES to close the year above 3850
Member
Posted 30 December 2022 - 10:09 AM
And Quarterly UNH chart chock full of spiky upthusts...
Just need a quarterly close under q4 2022, and should turn into disaster
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 30 December 2022 - 10:09 AM
Overnight index futures indicate yesterday's ramp-up may not continue today. Let's see if the ST support at ES 3835 can hold or not by the close today ........................
I'd expect some last-minute tax selling today.........................
As the breadth is telling ..................
Member
Posted 30 December 2022 - 10:13 AM
However, I expect ES to close the year above 3850
If Dow takes out 32850 shortly. that could turn into a pipe dream real fast...
would not touch this long, as long at under 33k, and really under 33.1k
32k still the big swing target...battle there, and then when taken out....LOB
Edited by K Wave, 30 December 2022 - 10:13 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 30 December 2022 - 10:18 AM
As long as UNH holds 527 today, bulls can survive into next year...
But should it breach that level later today, year may end on a sour note....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 30 December 2022 - 10:19 AM
BRK coming up for gap fill...see what happens next....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 30 December 2022 - 10:21 AM
Dr Copper looking perhaps just a bit more suspect...can they keep it above 3.80 to end year?
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 30 December 2022 - 10:30 AM
Here comes UNH for 2nd test....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
