Member
Posted 13 February 2023 - 02:56 PM
Still have a ton of charts that could could go either way here...
hopefully tomorrow some sort of decision in that regard.
In the mean time, scalp scalp scalp quick hits.
Dow made it to the top of the range but RUT and SOX much weaker on this bounce...SOX still not back above 3070 after running outta steam right near that level today.
So will be watching SOX tomorrow to see if it reclaims 3070, or rolls over a bit harder.
Edited by K Wave, 13 February 2023 - 02:56 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 13 February 2023 - 03:04 PM
BTC no participation in the bounce at all so far...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 13 February 2023 - 03:04 PM
Member
Posted 13 February 2023 - 03:08 PM
Another one to watch tomorrow is REIT to see if it completes the transition back into bear mode....or not.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 13 February 2023 - 03:11 PM
I guess tomorrow we see if Harnett continues his streak after saying SPX would top out near 4200 before Valentine's Day.
4195 the high so far....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 13 February 2023 - 03:13 PM
Bears have to get SP back under 4100 to flip even VST stuff to bearish....
But have to the flip the short stuff first...so we see what happens tomorrow
Edited by K Wave, 13 February 2023 - 03:18 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 13 February 2023 - 06:29 PM
Whew d finally posted, didn't want to start my own thread lol!! Still hanging onto to my long from 4095 but getting nervous as so many bears are flipping over here. Calls are remaining pricey but some aren't to bad so I would expect mostly grinding as everyone will also be wondering what the inflation report will be like tomorrow. All of this is reminding me of 1987 when the biggest concentration was on the trade deficit. Inflation is a bit more important but after dealing with it over a year I think it is going to get old sometime soon.... We also have to contend with expiration this Friday with the market pressing my upper cycle numbers around 4200 and I came up with a weekly number around 4220 once again which are both still pricey. Nonetheless should be another fun week of trading. Heading down south to Orange beach on Wednesday so my day trading is going to be much less likely after today, we'll see!!
Member
Posted 13 February 2023 - 06:31 PM
I guess tomorrow we see if Harnett continues his streak after saying SPX would top out near 4200 before Valentine's Day.
4195 the high so far....
Member
Posted 13 February 2023 - 06:32 PM
Bears have to get SP back under 4100 to flip even VST stuff to bearish....
But have to the flip the short stuff first...so we see what happens tomorrow
Member
Posted 13 February 2023 - 06:33 PM
