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ST RESISTANCE then RALLY RESUMES


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#221 K Wave

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Posted 20 January 2023 - 10:21 AM

XLF still holding the key 34.60 area....

 

a breach of that would be very no bueno now...

 

so far...35 tough nut to crack upside...

 


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

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Posted 20 January 2023 - 10:26 AM

UNH bounce had better not fail this soon, or next week could be super ugly...

 

weekly momo....total disintegration...

 

but still see possibility for one last decent bounce if it does not close well below 480 today...

 


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

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Posted 20 January 2023 - 10:30 AM

this looks like bulls best shot a crackin' 11400 here on this 4th attempt...


Edited by K Wave, 20 January 2023 - 10:30 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

 

 


#224 K Wave

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Posted 20 January 2023 - 10:32 AM

back under 11400 now could lead to trouble...

 

so let's see what bulls have...


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

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Posted 20 January 2023 - 10:33 AM

MRNA still hangin' on after the RSV pop n drop...

 

one false step though leads to disaster...

 


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 K Wave

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Posted 20 January 2023 - 10:37 AM

MUCH different configuration than the last time WMT was dealing with the controlling 45 min line...

 

Bulls need big ramp soon, or this likely one about to be in a world of hurt...

 


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

 

 


#227 K Wave

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Posted 20 January 2023 - 10:45 AM

just about decision time on NDX???

 


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

 

 


#228 K Wave

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Posted 20 January 2023 - 10:48 AM

weekly momo pic on super bubble AZO not looking so hot...

 

below those momo swing lows, and disaster likely strikes...

 


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

 

 


#229 redfoliage2

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Posted 20 January 2023 - 10:55 AM

 

You gotta make up your mind one day red and stick with it lol!!!  Trend means grind btw lol!!  Anyhow, got my long average easily down to 3915, love those even numbers....

As the market is a dynamic animal my VST prediction is deemed to change with the market conditions.  But as I said earlier today if SPX immediate support 3882 holds we may see a bounce tomorrow .......................... 

 

As I said yesterday if SPX immediate support 3882 held we should get a bounce today.   Now the question is if this bounce is just for one day or it can go farther into next week ..............................


Edited by redfoliage2, 20 January 2023 - 11:01 AM.


#230 K Wave

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Posted 20 January 2023 - 10:57 AM

BRK 15 min 900 starting the curl....bulls may be on borrowed time here....

 

310 is 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