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BULLISH: My 2023 FF: SPX HIGH > 4600; SPX LOW > 3575


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#161 K Wave

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Posted 05 January 2023 - 12:29 PM

Deere with the full gap fill on on what was likely a final upthrust before a large decline....could see see some sort of bounce attempt here, but once this area reclaimed by bears, then things can start to accelerate down.

 

CAT still holding up a bit better...still need to see the 235 breach there to seal in the big double top.


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

 

 


#162 K Wave

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Posted 05 January 2023 - 12:32 PM

Still no secondary Softie-like breach on SOX...if that fails to show up by tomorrow/Monday, then could be warning that bears not up to the task at hand....

 

as long as under that 200, bears still get benefit of doubt on wedgie resolution.

 

sox.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

 

 


#163 redfoliage2

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Posted 05 January 2023 - 01:23 PM

Index futures suddenly jumped up, what's happening?  Data leaked out???


Edited by redfoliage2, 05 January 2023 - 01:25 PM.


#164 12SPX

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Posted 05 January 2023 - 01:30 PM

Well how about that, I adjusted to a 3845 profit stop I was taken out for a 4 point profit!! 



#165 12SPX

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Posted 05 January 2023 - 01:31 PM

Index futures suddenly jumped up, what's happening?  Data leaked out???

are you gonna get bearish now??



#166 12SPX

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Posted 05 January 2023 - 01:33 PM

Back in long at 3843....



#167 K Wave

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Posted 05 January 2023 - 01:36 PM

bulls have clearly drawn their line at 32850 area...

 

If the breach does come, could be waterfall type stuff.

 

but first bears have to actually breach it....and time runs short now, so probably need to do it by tomorrow.


Edited by K Wave, 05 January 2023 - 01:41 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

 

 


#168 K Wave

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Posted 05 January 2023 - 01:38 PM

AZO right at the big pivot now.....

 

Do bulls have anything left, or the massive SuperBubble just about to pop after being held up into year end???


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

 

 


#169 redfoliage2

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Posted 05 January 2023 - 01:39 PM

 

Index futures suddenly jumped up, what's happening?  Data leaked out???

are you gonna get bearish now??

 

Let's see if it's fake news.  ................


Edited by redfoliage2, 05 January 2023 - 01:49 PM.


#170 K Wave

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Posted 05 January 2023 - 01:44 PM

Wooooo Doggy! Look at that 4 hour wedgie on XLF

 

xlf.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