Market at this juncture looks VERY BULLISH. That sharp pullback to the 3960/70 zone and then the V BOUNCE to test the 4045 level has the potential to rally all the way above 4250. A FED CUT of 25 bps next week will create a bullish spike.
FED tilts, WSJ - MARKET again near STRONG RESISTANCE: HUGE RALLY if resistance taken ou
Started by
dTraderB
, Jan 22 2023 05:54 PM
370 replies to this topic
#212
dTraderB
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Posted 25 January 2023 - 09:58 PM
TESLA AT 152 AFTER EARNINGS.... PUTS tomorrow
#213
jacek
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Posted 25 January 2023 - 10:28 PM
A FED CUT of 25 bps next week will create a bullish spike.
??
#214
K Wave
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Posted 26 January 2023 - 06:22 AM
And they said rents cant go down....
4 straight months down...the 2021 increases were so obviously a bubble top...
https://www.apartmen...ional-rent-data
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#215
K Wave
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Posted 26 January 2023 - 07:10 AM
Nat Gas now down over 20% in a few days...Hey SPX, we finally have a crash!
4 hours chart crazy number of red bars in a row....certainly has the short term capitulatory feel to it.
Does not mean it can't go just a bit lower first though, but like likely getting close timewise.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#216
dTraderB
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Posted 26 January 2023 - 07:44 AM
Extreme bearishbess. Set up for a HUGE RALLY
Helene Meisler (@hmeisler) tweeted at 8:36 am on Thu, Jan 26, 2023:
AAII Bulls 28.4. Bears 36.7
4 wk ma of bears is 38%. If it goes any lower would be lowest since 2021. https://t.co/XSuDV4eS6Z
Helene Meisler (@hmeisler) tweeted at 8:36 am on Thu, Jan 26, 2023:
AAII Bulls 28.4. Bears 36.7
4 wk ma of bears is 38%. If it goes any lower would be lowest since 2021. https://t.co/XSuDV4eS6Z
#217
12SPX
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Posted 26 January 2023 - 08:33 AM
And on my side I see extreme bullishness as call prices have gone through the moon in price but gotta love even numbers as 4050 was hit bringing my short average to 4023. These option prices are insane once again, way to much bullishness as everyone talks about the breakout from the long downtrend line. Has anyone ever thought we may just continue to grind sideways....hmmmmmm Hearing some pretty strong data coming out, gonna be an interesting cash open. HAve to check out natural gas crashing love crashes, best time to buy.......
#218
K Wave
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Posted 26 January 2023 - 09:11 AM
33800 looks like the line today for Dow futs....bulls have the ball as long as that holds.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#219
K Wave
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Posted 26 January 2023 - 09:14 AM
Apple 142 will likely correspond with that level.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#220
K Wave
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Posted 26 January 2023 - 09:16 AM
HD not going with the pre-market pop...will be watching that one after the open...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
