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


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#61 pdx5

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Posted 03 January 2023 - 06:23 PM

3500-4300 is what I am expecting in 2023. Unless Ukraine war suddenly ends, then add 300 points to each limit.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#62 K Wave

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Posted 04 January 2023 - 07:41 AM

Dr Copper starting to look like big hourly fumble....

 

stocks not in sync just yet....33150 area on Dow could be key to pre-market 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

 

 


#63 12SPX

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Posted 04 January 2023 - 08:58 AM

Well that was fun, my 3830 long ended up being closed at 3860 this morning for a gain of 30 points but is only half credible as I didn't post anything after my profit stop of 3831.  Call options spiking higher this morning for some reason which is interesting and were kinda stuck in the middle in this grind grind grind market...  Need the market to move a little more to figure out where to get in either up or down.  For now I'll just watch premium decay!!! 



#64 K Wave

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Posted 04 January 2023 - 09:41 AM

33200 once again big pivot level now...33.6k still not off the table until bears reclaim it.

 

IF/when it does get breached, then things could come apart rapidly.

 

Big kahuna pivot still 32850, but a breach of 33200 would likely mean just a matter of time.

 

Giving bears a couple more days for the breach, but if it does not happen by say Fri-Mon, then may have to start re-thinking things.


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

 

 


#65 dTraderB

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Posted 04 January 2023 - 09:43 AM

Closing TESLA 105 CALLS
WILL BUY 115 PUTS above 113


Closed 5 TESLA FEB 115 PUTS
WILL ADD TO CALL POSITION BELOW 110



#66 dTraderB

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Posted 04 January 2023 - 09:43 AM

Huge spike or plunge ... after dull 2 weeks

#67 12SPX

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Posted 04 January 2023 - 09:45 AM

Hmmmmm, starting to build a short at 3875...



#68 12SPX

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Posted 04 January 2023 - 09:47 AM

profit stop 3874



#69 redfoliage2

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Posted 04 January 2023 - 09:49 AM

Big move ahead - up or down.  The market is waiting for the Fed minutes out 2:00 pm in the afternoon ...........................


Edited by redfoliage2, 04 January 2023 - 09:53 AM.


#70 12SPX

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Posted 04 January 2023 - 09:57 AM

profit stop 3870