Gold needs to tank for market to be in danger of liquidity issues, otherwise, it's only a correction.
Edited by linrom1, 03 January 2023 - 12:30 PM.
BULLISH: My 2023 FF: SPX HIGH > 4600; SPX LOW > 3575
Started by
dTraderB
, Jan 02 2023 05:57 PM
214 replies to this topic
#51
linrom1
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#52
K Wave
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Posted 03 January 2023 - 12:38 PM
BTC unable to reclaim 16.8 thus far...
guessing we find out soon if bears actually have what it takes to completely break it down or not...
back above 16.8K at this point, and might be first hint bears do not have a lot of fire power left.
but, a move under 16.4 that actually sticks, and could turn sour rapidly...
Edited by K Wave, 03 January 2023 - 12:39 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
#53
K Wave
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Posted 03 January 2023 - 12:41 PM
Gold needs to tank for market to be in danger of liquidity issues, otherwise, it's only a correction.
Keep your eye on Dr Copper here...could very well be giving an early warning if the breach of 3.80 sticks.
Silver's failure to hold over 24.10 also possibly concerning here...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#54
K Wave
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Posted 03 January 2023 - 12:45 PM
That last thrust up just short of 13400 may have been it for trannies....
If it was not IT, then bears may not have what it takes to break it today.
see what happens dead ahead here.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#55
K Wave
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Posted 03 January 2023 - 12:50 PM
BRK tiptoeing closer the edge...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#56
linrom1
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Posted 03 January 2023 - 12:53 PM
Gold needs to tank for market to be in danger of liquidity issues, otherwise, it's only a correction.
Keep your eye on Dr Copper here...could very well be giving an early warning if the breach of 3.80 sticks.
Silver's failure to hold over 24.10 also possibly concerning here...
Silver gave up $0.60.
#57
12SPX
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Posted 03 January 2023 - 12:57 PM
That was easy now average long 3830!!
#58
K Wave
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Posted 03 January 2023 - 01:06 PM
OK...now we find out if the lil bounce was just a dead cat, or if bulls really think they can hold 32850....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#59
12SPX
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Posted 03 January 2023 - 02:01 PM
Well how about that, profit stop 3831...
#60
12SPX
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Posted 03 January 2023 - 02:03 PM
Will buy below at this stage, gotta go for lunch now though lol!!!
