If that weekly momo completes the roll back over from this weak level, Utes goin' A LOT lower
Failure to punch out over 1K a few days ago will likely be the big turning point...
Edited by K Wave, 19 January 2023 - 11:46 AM.
ST RESISTANCE then RALLY RESUMES
Started by
dTraderB
, Jan 16 2023 11:48 AM
255 replies to this topic
#201
K Wave
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Posted 19 January 2023 - 11:46 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#202
K Wave
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Posted 19 January 2023 - 11:47 AM
Dow back to 32 handles...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#203
K Wave
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Posted 19 January 2023 - 12:20 PM
Starting to look like first pivot low may be being put in....
the bounce height should be very telling...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#204
12SPX
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Posted 19 January 2023 - 02:28 PM
Been a nice range between 3915-20 with 3 trades done for an additional 15 points and still sitting in my current one with a profit stop of 3920 as the market seems to have moved past the range, gotta love grinding markets, once again killing both bulls and bears lol!!
#205
K Wave
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Posted 19 January 2023 - 03:02 PM
ORLY finally breaks to fresh bear market low...AZO not quite yet.
Edited by K Wave, 19 January 2023 - 03:02 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
#206
K Wave
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Posted 19 January 2023 - 03:07 PM
The big windup on REIT continues...
Bears need a breach here before they can gain full control
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#207
12SPX
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Posted 19 January 2023 - 03:51 PM
Darn out at 3925 for another 10 point profit, looking for 3915 once again to start a build
#208
12SPX
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Posted 19 January 2023 - 04:03 PM
Yay back in to start a build overnight at 3915...
#210
jacek
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Posted 19 January 2023 - 09:08 PM
Since Jan 6, right before earnings begin, the largest and the most stable four components of Nasdaq (MSFT AMZN GOOGL AAPL), an index I created, NDX4, has been leading on the upside. First time in this bear market. Market never sold off substantially while generals this strong.
