Naz back to red....now we see who wants the ball
BULLS undet pressure from CPI, and UFOs...
Started by
dTraderB
, Feb 12 2023 05:51 PM
474 replies to this topic
#41
K Wave
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Posted 14 February 2023 - 08:39 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
#42
dTraderB
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Posted 14 February 2023 - 08:43 AM
Relatively, almost a NON-EVENT
This means BULLS resume rally today and then top off ST
This means BULLS resume rally today and then top off ST
#43
dTraderB
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Posted 14 February 2023 - 08:44 AM
Yeah. A harmless CPI REPORT IS BULLISH
Consumers keep spending.
Worker shortage persists.
Bulls will win in 2023 with lot of grind.
#44
dTraderB
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Posted 14 February 2023 - 08:46 AM
Waiting until cash session opens to do bigger trades. Until then daytrading NQ
Down then up, average short now 4150 and straight back to the grind lol!!
#45
dTraderB
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Posted 14 February 2023 - 08:47 AM
CALMEST CPI REPORT IN AGES, OR SO IT SEEMS.
THAT IS BULLISH... THE MID FEBRUARY ST TOP
THAT IS BULLISH... THE MID FEBRUARY ST TOP
#46
K Wave
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Posted 14 February 2023 - 08:49 AM
2nd bounce at 153 on Apple...bears gotta take that out to have a shot...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#47
dTraderB
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Posted 14 February 2023 - 08:50 AM
ADAM: Yesterday, target in #ES_F was ~4155-60 which is resistance of a *2 week bull flag*. We are right at resistance before CPI @ 830. As usual, expect traps/wide swings 1st 30mins
Plan today: 4178, 4195 1st breakout targets. 4136, 4128=supports. 4128 fails we sell back to 4105-4095
Plan today: 4178, 4195 1st breakout targets. 4136, 4128=supports. 4128 fails we sell back to 4105-4095
#48
dTraderB
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Posted 14 February 2023 - 08:51 AM
NICK, WSJ: US CPI rose 0.5% in January (+6.4% YoY, vs 6.5% in Dec)
Core CPI rose 0.4% in January (+5.6% YoY, vs 5.7% in Dec)
Core CPI rose 0.4% in January (+5.6% YoY, vs 5.7% in Dec)
#49
dTraderB
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Posted 14 February 2023 - 08:52 AM
Core CPI was up at a 4.6% three-month annualized rate in January, and a 5.3% six-month annualized rate
Headline CPI was up at a 3.5% three-month annualized rate in January, and a 4.1% six-month annualized rate
Headline CPI was up at a 3.5% three-month annualized rate in January, and a 4.1% six-month annualized rate
NICK, WSJ: US CPI rose 0.5% in January (+6.4% YoY, vs 6.5% in Dec)
Core CPI rose 0.4% in January (+5.6% YoY, vs 5.7% in Dec)
#50
pdx5
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I want return OF my money more than return ON my money
Posted 14 February 2023 - 08:54 AM
Surprised the market is up here going into the report actually but helped to bring my average short to 4142. Likely see some wild swings for at least the first half hour till bonds decide where they are gonna go. Calls are right back to their extreme levels once again which is interesting so gonna be a fun day lol!!
90% probability of 25% adavance during 2023 from starting price on Jan 1st.
Based on 75 year history of market behavior.
Edited by pdx5, 14 February 2023 - 08:56 AM.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
