Yeah, insane illogical market behavior earlier today:
GURGAVIN (@gurgavin) tweeted at 11:32 am on Tue, Jan 24, 2023:
NYSE SAYS IT IS INVESTIGATING ISSUES THAT RESULTED IN A LARGE NUMBER OF UNUSUAL STOCK HALTS
(https://twitter.com/...908235713019905
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
#62
12SPX
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Posted 24 January 2023 - 01:04 PM
started new LONG NAT GAS POSITION
3.158
Yes very tempting, loved that chart!!
#63
dTraderB
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Posted 24 January 2023 - 01:04 PM
The USUAL EARNINGS SEASON CON GAME:
- REDUCE earnings expections
- stocks drop
- report better than REDUCED EARNINGS
- stocks rally
FED also has a similar modus operandi
- REDUCE earnings expections
- stocks drop
- report better than REDUCED EARNINGS
- stocks rally
FED also has a similar modus operandi
#64
dTraderB
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Posted 24 January 2023 - 01:08 PM
ES 4020 TO 4040 The CHOP ZONE
MARKETS CHOPPING IN THERE until breakout
My FF is UP
MARKETS CHOPPING IN THERE until breakout
My FF is UP
#65
K Wave
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Posted 24 January 2023 - 01:49 PM
NDX tryin' to gear up for the assault on 12K
See if bulls can get done into the close...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#66
K Wave
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Posted 24 January 2023 - 01:52 PM
Big time battleground area for Softie
Bulls need Softie to liftoff and stay lifted off post-earnings
Failure to do so puts ball back in bear hands...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#67
K Wave
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Posted 24 January 2023 - 01:55 PM
With so many things right at the make or break areas, perhaps Softie will be some sort of trigger.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#68
K Wave
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Posted 24 January 2023 - 02:12 PM
Utes still treading sideways under the line...one false step here....
Can still see possibility for break either way...and we should know pretty darn soon...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#69
K Wave
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Posted 24 January 2023 - 02:14 PM
If 3 hour Utes join 2 hour below the line...would start to favor bears....and vice versa if both punch out over the 900
Yeah...just about big decision time...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#70
K Wave
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Posted 24 January 2023 - 02:19 PM
And 4 hour right there as well, and is perhaps bulls best hope...that the back test holds.
But below today's low again, would get very iffy on all 3 time frames, with the 2 hour leading the synchronized turn if that were to happen.
As I said, more than happy to wait a bit longer before committing to big positions.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
