40 replies to this topic

[redfoliage2]

Let's see if this bounce can last for a day in this news driven market..................................

[redfoliage2]

In this news driven market I really don't trust a bounce.  Safer just day trading as who knows what breaking news will come up overnight  ....................

[redfoliage2]

Let's see how long this bounce can last .....................

Edited by redfoliage2, 17 March 2023 - 09:14 AM.

[linrom1]

TBTF banks are getting smoked. Gold is going parabolic.

Edited by linrom1, 17 March 2023 - 09:25 AM.

[linrom1]

Everyone is like a deer caught in the headlines. No this is not a remake/remodel of 2008?

[linrom1]

DOW is GTFO.

[redfoliage2]

It looks Mr. Market is trying to stay in a narrow range prior to the Fed statement on Wednesday 2 pm. So dips get bought and bounces sold...................... 

Edited by redfoliage2, Yesterday, 02:51 PM.

[redfoliage2]

SPX now back into bullish configuration - above the 2022 down trend line and above the 200 dma, pending for a breakout at SPX 4000  ..........................

Edited by redfoliage2, Today, 08:14 AM.

[redfoliage2]

Of course it depends on the Fed ........................

[redfoliage2]

SPX now back into bullish configuration - above the 2022 down trend line and above the 200 dma, pending for a breakout at SPX 4000  ..........................

Expect the breakout to take place tomorrow if the Fed shows any dovishness and I bet the Fed will blink  ...........................

Edited by redfoliage2, Today, 09:44 AM.