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


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#31 K Wave

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Posted 21 February 2023 - 09:51 AM

Here comes TSLA back down after failure at 209....now we see about 204....


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

 

 


#32 K Wave

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Posted 21 February 2023 - 09:57 AM

this is exactly what bears wanted to see on Trannies....failure at 15300 and now the BIG throwover attempt...

 


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

 

 


#33 K Wave

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Posted 21 February 2023 - 09:59 AM

There goes the Feb 10 low on Naz Comp...Bears first potentially big step...


Edited by K Wave, 21 February 2023 - 09:59 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

 

 


#34 K Wave

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Posted 21 February 2023 - 10:00 AM

Utes not quite taken out 940 yet....


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

 

 


#35 K Wave

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Posted 21 February 2023 - 10:02 AM

TSLA still hangin' on...if and when the the cultists finally give up there..LOB


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

 

 


#36 fib_1618

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Posted 21 February 2023 - 10:11 AM

Jerome Powell stated in his interview Tuesday that the Fed is not done hiking rates.

They should be, since they have already surpassed the 2-year T-Note yield.
Bad things happen to the economy when the Fed does that, e.g. Internet bubble collapse, 2007-08 GFC

 

Visual daily chart though December 31st to provide historic context...current reading is back below the zero line as of January 31st.

 

Fib

 

http://technicalwatc...3/2ff022223.png

 

2ff022223.png


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Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#37 redfoliage2

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Posted 21 February 2023 - 10:14 AM

A deep correction is on going, now let's see if SPX 3980 - 4000 zone will hold the slide or even deeper to go...........................


Edited by redfoliage2, 21 February 2023 - 10:17 AM.


#38 dTraderB

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Posted 21 February 2023 - 10:18 AM

I posted in last week's thread!!

Ha ha

Hectic

#39 dTraderB

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Posted 21 February 2023 - 10:23 AM

Added UNG CALLS
JUNE
EXPENSIVE but I will pay up for the TIME

#40 dTraderB

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Posted 21 February 2023 - 10:25 AM

ES 4030-35 KEY SUPPORT

all the way to 3980 if it dies not hold

Testing it now