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


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#21 K Wave

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Posted 23 January 2023 - 10:01 AM

CAT...5 min backest...

 

Can bulls keep it going, or is about here where the breakout/fakeout starts???

 

 

 

 


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

 

 


#22 K Wave

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Posted 23 January 2023 - 10:05 AM

REIT as pretty much expected, a back test of the important 2340 to start the day, and now we see about a ramp towards 2400 over next couple of days.

 

Failure to hold 2340 now would be big warning sign....

 


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

 

 


#23 K Wave

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Posted 23 January 2023 - 10:14 AM

For Utes, may all come down to whether bears can keep it under the 2 hour 200, and then roll it over...

 

Back above the 2 hour 900, would start to question bears resolve...

 


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

 

 


#24 dTraderB

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Posted 23 January 2023 - 10:54 AM

Will start closing LONGS as January winds down.

#25 dTraderB

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Posted 23 January 2023 - 10:57 AM

Near ES 4030!
CLOSING LONGS except TLT CALLS

Will start closing LONGS as January winds down.



#26 dTraderB

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Posted 23 January 2023 - 11:12 AM

Closing... closing.... looks like a SHORT SQUEEZE above 4030

Near ES 4030!
CLOSING LONGS except TLT CALLS

Will start closing LONGS as January winds down.



#27 12SPX

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Posted 23 January 2023 - 12:10 PM

Nice pop, getting my average short closer to 4000, 3996, see how the day plays out in the end!! 



#28 dTraderB

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Posted 23 January 2023 - 01:40 PM

Good January 2023, up 5.33%, lower than 2022 but I am grateful after a difficult few days. Will hedge the remaining LONGS, daytrade NQ, while waiting on the market: will rally continue? Consilidation? How will it react to earnings & economic reports? And THE FED in early FEBRUARY.

#29 linrom1

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Posted 23 January 2023 - 01:54 PM



#30 dTraderB

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Posted 23 January 2023 - 02:54 PM

Closing below ES 4020 IS BEARISH!