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CHINA - SANTA melt-up or ES 3600 revisited?


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#111 K Wave

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Posted 30 December 2022 - 10:31 AM

Breach of 307 now on BRK would likely put ball back in bear hands 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

 

 


#112 K Wave

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Posted 30 December 2022 - 10:35 AM

Dr copper bangin' away on 3.80...

 

That wet paper bag bottom gonna hold from the car to the pantry???


Edited by K Wave, 30 December 2022 - 10:36 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

 

 


#113 K Wave

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Posted 30 December 2022 - 10:41 AM

30 min UNH now starting to look highly suspect....if the 3 min support at 527 gives way............

 

unh.jpg

 

 


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

 

 


#114 K Wave

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Posted 30 December 2022 - 10:48 AM

That pivot at 127.50 on Apple big now...

 

Until it is broken, not impossible for rally up toward 138-140 early in 2023, which if it came, should be a fire the short cannons at will opportunity.

 

Once it is broken, that should break Apple for the foreseeable future...


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

 

 


#115 K Wave

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Posted 30 December 2022 - 10:51 AM

I could easily see the scenario of tech bounce, while the big super bubbles being held up to year end, finally start to falter in early 2023.

 

527 just held again on UNH...that is your big pivot now.....


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

 

 


#116 K Wave

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Posted 30 December 2022 - 10:56 AM

And here comes UNH for a 3rd attempt...gonna hold this time???

 

Just a matter of time in any event...


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

 

 


#117 K Wave

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Posted 30 December 2022 - 01:01 PM

looking like it may all about 3820 for rest of year on SPX


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

 

 


#118 redfoliage2

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Posted 30 December 2022 - 01:15 PM

Since all sold in December I wonder if we will see a January effect in the new year.............................

The January Effect is the tendency for stock prices to rise in the first month of the year following a year-end sell-off for tax purposes.


Edited by redfoliage2, 30 December 2022 - 01:24 PM.


#119 K Wave

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Posted 30 December 2022 - 02:06 PM

Since all sold in December I wonder if we will see a January effect in the new year.............................

The January Effect is the tendency for stock prices to rise in the first month of the year following a year-end sell-off for tax purposes.

We may see some of both.

 

A number of stocks look ripe to start plummeting very soon after New Years...


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

 

 


#120 K Wave

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Posted 30 December 2022 - 02:11 PM

Monthly momo on SPX starting to re-energize downside after terrible December.

 

Could be very ugly 1st Qtr if 900 day fails to hold early in January...currently around 3750, and another dip under, after the 200 day rejection likely one too many...


Edited by K Wave, 30 December 2022 - 02:11 PM.

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