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


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#51 K Wave

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Posted 21 February 2023 - 11:18 AM

14700 the Big kahuna pivot for Trannies...see if they can bounce it here 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

 

 


#52 dTraderB

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Posted 21 February 2023 - 11:20 AM

ES 4022 last MAJOR support before THE BIG 4K

Apparently, another "accident" ... too many in recent times..
Firefighters in Medley, Florida, are battling a massive fire at an industrial facility caused by an explosion, resulting in multiple casualties and fatalities.

#53 K Wave

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Posted 21 February 2023 - 11:34 AM

TSLA under 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

 

 


#54 K Wave

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Posted 21 February 2023 - 11:42 AM

TSLA may gave one last bounce to back test 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

 

 


#55 redfoliage2

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Posted 21 February 2023 - 11:46 AM

Looks like ES 3999 & LOWER WILL TRADE TODAY
 

Let's see if ES 4030 holds support today.   If it does then a bounce to 4090 - 4108 .......................

 

Likely the immediate support going to hold as the FOMC meeting minutes will be released tomorrow .............................


Edited by redfoliage2, 21 February 2023 - 11:46 AM.


#56 pdx5

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Posted 21 February 2023 - 12:02 PM

Already at 4013. Next stop near 3950.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#57 dTraderB

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Posted 21 February 2023 - 12:19 PM

VERY WEAK MARKET
3% ES DROP MOST LIKELY

#58 dTraderB

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Posted 21 February 2023 - 12:22 PM

Yeah, bulls not resisting below ES 4022


Already at 4013. Next stop near 3950.



#59 redfoliage2

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Posted 21 February 2023 - 12:47 PM

If ES 4020 support holds by the close there should be a bounce coming ...................... 


Edited by redfoliage2, 21 February 2023 - 12:53 PM.


#60 pdx5

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Posted 21 February 2023 - 01:00 PM

Yeah, bulls not resisting below ES 4022

 

Already at 4013. Next stop near 3950.

 

Bulls came back at 4008. Let's see if 4000 holds today. If it drops below that, closing bell could be ugly for bulls. 


Edited by pdx5, 21 February 2023 - 01:01 PM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule