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Market at critical juncture: My FF is flat to DOWN, then UP


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#361 K Wave

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Posted 24 February 2023 - 01:29 PM

If they do not break GS and UNH by end of day, bulls should consider that a win....

 

Can still see possibility for one last ramp to 510-517 area on UNH if it does not break 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

 

 


#362 K Wave

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Posted 24 February 2023 - 01:32 PM

GS Super Duper windup...

 


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

 

 


#363 K Wave

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Posted 24 February 2023 - 01:41 PM

bulls have recovered 1 min 200s, so still in the game for a turn up...

 

but below that last pivot low, could be ugly end to week.


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

 

 


#364 K Wave

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Posted 24 February 2023 - 01:43 PM

Watching XLF here as it seems to be strongest player today...


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

 

 


#365 K Wave

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Posted 24 February 2023 - 01:44 PM

nN the downside REIT the weak one to watch for fresh lows early.


Edited by K Wave, 24 February 2023 - 01:44 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

 

 


#366 K Wave

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Posted 24 February 2023 - 01:46 PM

XLF popping the 1 min line one more time...if they can make it stick, may lead afternoon rally....


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

 

 


#367 skott

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Posted 24 February 2023 - 01:48 PM

if the Naz 100 futures close below 12,055 it's bearish according to Insiide track freebie. They've been bullish all during this decline, this decline was supposed to be a rally. regardless whether it is or not, if we rally, I see an early March end to that rally if it occurs.  Projections are still for below 200 for QQQ by end of spring



#368 K Wave

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Posted 24 February 2023 - 02:02 PM

Naz notably weaker on this bounce attempt...see if bulls can stay above that 200


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

 

 


#369 K Wave

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Posted 24 February 2023 - 02:04 PM

WMT gonna make it to 1 min 900 on 2nd go at it....

 

now we see how it acts there...if bears do not take it straight back down, possible big bull stick save victory in the cards.

 

142 big level on the chart....


Edited by K Wave, 24 February 2023 - 02:05 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

 

 


#370 K Wave

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Posted 24 February 2023 - 02:06 PM

GS bulls trying again...361 looking like failure stop 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