here comes 3rd trip ...will it hold??
Edited by K Wave, 13 January 2023 - 01:17 PM.
Advantage BULLS: FED slight TILT? ES 4250 target
Started by
dTraderB
, Jan 08 2023 05:43 PM
240 replies to this topic
#221
K Wave
-
- Traders-Talk User
- 26,721 posts
Member
Posted 13 January 2023 - 01:17 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
#222
K Wave
-
- Traders-Talk User
- 26,721 posts
Member
Posted 13 January 2023 - 01:26 PM
Extra super duper compression on trannies here at 14300...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#223
K Wave
-
- Traders-Talk User
- 26,721 posts
Member
Posted 13 January 2023 - 01:30 PM
UNH continues to melt after the earnings upthrust...486 the line in the sand....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#224
K Wave
-
- Traders-Talk User
- 26,721 posts
Member
Posted 13 January 2023 - 01:46 PM
Huge pivot at now 14300 on trannies, but until that is breached, bulls can keep on climbin'
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#225
K Wave
-
- Traders-Talk User
- 26,721 posts
Member
Posted 13 January 2023 - 01:49 PM
Now on the lookout for holds on things like MCD WMT, and if the opening highs get taken out, then those likely go back to bull mode as well.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#226
12SPX
-
- Traders-Talk User
- 12,515 posts
Member
Posted 13 January 2023 - 02:29 PM
Whoops forgot to post but were right there anyhow, average short now that nice even 4000 level!!
#227
redfoliage2
-
- Traders-Talk User
- 18,015 posts
Member
Posted 13 January 2023 - 02:39 PM
Likely a top here as the rally is running out momentum ...........................
#228
dTraderB
-
- Traders-Talk User
- 17,271 posts
Member
Posted 13 January 2023 - 02:48 PM
CLOSING about 25% of LONGS.
HOLDING ALL HEDGE SHORTS - 2 ES & 3 NQ - until next week.
HOLDING ALL HEDGE SHORTS - 2 ES & 3 NQ - until next week.
#229
K Wave
-
- Traders-Talk User
- 26,721 posts
Member
Posted 13 January 2023 - 03:30 PM
Powerful reversal on Banks, and NDX looks like it will go out above 11400
Unless GS seriously upsets the apple cart next week, not a whole lot for bears to love after today...save perhaps for a few select stocks.
That amazing reversal on WFC sure looks like the market speaking pretty loudly...looks like a launch initiation stick after big shake out to me...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#230
K Wave
-
- Traders-Talk User
- 26,721 posts
Member
Posted 13 January 2023 - 03:36 PM
Again barring complete destruction of the sector by GS, think something perhaps along these lines now for WFC and banks...
BAC also with the power reverse at the line..
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
