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I'd take a look at the Russell 2000, the US Dollar and the VIX


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#11 skott

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Posted 09 March 2023 - 03:00 PM

Well, off to work. currently, nice profit in hand. I'll see how they close em after I get to work and then ..... tomorrow.......

 

Don't forget SEC tournament tonight

 

and don't forget your  prayers



#12 beta

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Posted 09 March 2023 - 03:36 PM

They are all giving you clues

 

Agree.  This is IT.

 

As KWave always emphasizes, IWM down early this morning was the key tell.  Banks are leading this decline.

 

Bulls will be lucky to get a bounce to 3950 to exit. 


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#13 slupert

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Posted 09 March 2023 - 07:37 PM

 

 

I think QQQ, etc drops 1/3 from here this year. probably by june/july

what would you attribute that too?

 

big bear market patterns of the past

Could you post them please? Thats what we're here for TIA.



#14 fib_1618

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Posted 09 March 2023 - 08:24 PM

The Russell A/D line through last Friday:

 

http://www.technical...thrut030323.png

 

breadthrut030323.png


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#15 skott

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Posted 09 March 2023 - 08:29 PM

 

 

 

I think QQQ, etc drops 1/3 from here this year. probably by june/july

what would you attribute that too?

 

big bear market patterns of the past

Could you post them please? Thats what we're here for TIA.

 

 

 

Well, maybe I shouldn't be here. Is there a TA requirement here? I didn't see it. i've posted plenty of charts in the past. You are an adult, crank up your charting software and look it up yourself. If you haven't learned to get value from what I'm saying you probably won't. I'm not getting paid for this you know.



#16 pdx5

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Posted 09 March 2023 - 09:33 PM

This sub-forum is called FEARLESS FORECASTERS. It is not exclusively Technical  analysis forum.


Edited by pdx5, 09 March 2023 - 09:33 PM.

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#17 pdx5

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Posted 09 March 2023 - 10:16 PM

I think the market dissloved today from the Biden budget announcement.


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#18 skott

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Posted 09 March 2023 - 10:45 PM

I think the market dissloved today from the Biden budget announcement.

 

 

Oh, I didn't know about that until someone mentioned it. That guy is bad bad news. somebody punch that sob in the face, please



#19 skott

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Posted 09 March 2023 - 11:26 PM

It doesn't help that Russia is launching Hypersonic missiles. What a crime we are risking our lives over someone else's border but don't care about our own.



#20 skott

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Posted 10 March 2023 - 12:54 PM

I regret not buying TLT back. bought @ 100ish sold @ 105 (high was around 108). correctly anticipated the decline  but didn't rebuy. They were screaming buy at 98-100. in the back of my mind is the US defaulting on the debt. IMO, it will happen within 10 yrs but who knows could be alot less or not at all but I doubt that option. I think they've done it before haven't they? or was that previous US

currencies  going belly up?