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


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#321 K Wave

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Posted 27 January 2023 - 11:00 AM

Rest of today come down to whether bears can reclaim 2900 on SOX, before bulls take it out the top....

 

that failure to go to new swing high is notable.....

 


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

 

 


#322 K Wave

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Posted 27 January 2023 - 11:02 AM

TSLA still surging towards the target


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

 

 


#323 K Wave

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Posted 27 January 2023 - 11:03 AM

Tons of red out there as TSLA and Apple held up...


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

 

 


#324 K Wave

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Posted 27 January 2023 - 11:04 AM

BRK....careful.....all the signs of launch failure

 


Edited by K Wave, 27 January 2023 - 11:04 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

 

 


#325 K Wave

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Posted 27 January 2023 - 11:05 AM

Railroad cars on WMT at the resistance point

 


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

 

 


#326 jacek

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Posted 27 January 2023 - 11:07 AM

 
Professional managers are now more bullish on the market than at any time since March of 2022.
 
 


#327 K Wave

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Posted 27 January 2023 - 11:23 AM

TSLA in the zone...now we look for signs of exhaustion...


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

 

 


#328 redfoliage2

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Posted 27 January 2023 - 11:26 AM

 

 

 

 

PCE out, not as good as the market had expected ...............

That's not good at all considering how much hype the market has been on it recently ...............

 

Now it's more likely to see a back-test on the down trend line at SPX 4030....................

 

BTW, I see the market is setting up for a slap in the face by the Fed ..........................

 

The back test at SPX 4030 may take place as soon as later today or early next week. ......................

 

Until a successful back-test is done this is a very risky time to go long ............................


Edited by redfoliage2, 27 January 2023 - 11:27 AM.


#329 K Wave

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Posted 27 January 2023 - 11:26 AM

UVXY above 4.90 now might be first sign bears have something up their sleeve...


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

 

 


#330 K Wave

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Posted 27 January 2023 - 11:33 AM

UTEs mission to 970+ still in the works...964 likely trouble now


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