214 replies to this topic

[K Wave]

Utes also at the edge...good solid action under 960 would likely finish them off and get the big bear underway

[12SPX]

Average long 3842...

[K Wave]

Price action and momo lining up on SQQQ....can bears step on the gas here and complete the turn?

 

[K Wave]

one more pivot on BRK at 311...

 

IF/ WHEN that gets breached, bears may start to attack....see how it plays out here dead ahead...

 

Above yesterday's high on BRK, and something very different likely going on....

[redfoliage2]

Probably not today as there will be Nonfarm Payroll data out tomorrow morning.  This is a data driven market ...................

So far SPX key support holds.  I see the low of day is likely in...................

[K Wave]

Last big pivot to get ball rolling downhill in 2023 for Mickey D's is at 260...

[K Wave]

 

Probably not today as there will be Nonfarm Payroll data out tomorrow morning.  This is a data driven market ...................

So far SPX key support holds.  I see the low of day is likely in...................

 

Unless 32850 gets taken out in Dow, then good sized air pocket in the charts

 

32K still the target until proven otherwise...

[redfoliage2]

Okay, I decided to have my ES shorts covered, not meaningful to hold big gains in a data driving market.........................

Edited by redfoliage2, 05 January 2023 - 11:21 AM.

[redfoliage2]

The market is currently in the process of hammering out an ST bottom, and so it's trendless and data driving.  I see the chance for a reversal is good for tomorrow.....................

Edited by redfoliage2, 05 January 2023 - 11:57 AM.

[K Wave]

Bears trying to break the big support on Dow...

 

SQQQ starting look a bit more like foothold over 56...