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FED tilts, WSJ - MARKET again near STRONG RESISTANCE: HUGE RALLY if resistance taken ou


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#91 K Wave

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Posted 25 January 2023 - 08:32 AM

Naz 11600 is next big level after the top call at 12K...

 

Below that and I may have nailed it....

 

And again, need to see proper action from the big guns after the open to confirm....


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

 

 


#92 K Wave

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Posted 25 January 2023 - 08:33 AM

Dow right at the 5 min line...a breach of that is the first step needed for bears...


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

 

 


#93 K Wave

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Posted 25 January 2023 - 08:41 AM

hmmm..instead of break out, FTSE now accelerating down...


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

 

 


#94 K Wave

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Posted 25 January 2023 - 08:44 AM

Starting to look highly likely my REIT 2400 target will be missed by thaaaaat much...

 

Under 2340 is trouble...


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

 

 


#95 12SPX

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Posted 25 January 2023 - 08:45 AM

Should be an interesting cash open I think with volatility barely moving here telling me the grind will continue...



#96 K Wave

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Posted 25 January 2023 - 08:45 AM

DAX thinkin' hard about joining FTSE


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

 

 


#97 K Wave

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Posted 25 January 2023 - 08:47 AM

Should be an interesting cash open I think with volatility barely moving here telling me the grind will continue...

IF UVXY clears 5.40...LOB

 

It is called floor recapture....


Edited by K Wave, 25 January 2023 - 08:47 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

 

 


#98 K Wave

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Posted 25 January 2023 - 08:50 AM

As 2001 and 1930 have shown us historically, when the bulls run outta gas in this configuration, it can all come apart VERY quickly.

 

Not a "crash", just relentless selling.

 

Above 12K on Naz, I am likely wrong, but so far, perfectly according to historical script.


Edited by K Wave, 25 January 2023 - 08:50 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

 

 


#99 K Wave

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Posted 25 January 2023 - 08:51 AM

So so close on Dow...

 


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

 

 


#100 K Wave

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Posted 25 January 2023 - 08:54 AM

As I said before, I expected the direction to be already picked before Fed Day....today is quite likely direction picking day.


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