BRK another in similar situation to WMT...
As long as Apple above 153...Shake N Bake here possible....but if Apple comes back under 153 now, then could be VERY different story
Posted 16 March 2023 - 10:05 AM
BRK another in similar situation to WMT...
As long as Apple above 153...Shake N Bake here possible....but if Apple comes back under 153 now, then could be VERY different story
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 16 March 2023 - 10:17 AM
If bulls ARE going to hold the line.....and as long as Apple is above 153, that is the thesis....then NDX is clearly the place to play, as it has the strongest relative strength here by far.
Only a breach of that 200 MA now would destroy this chart, which of course would require Apple not to hold 153...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 16 March 2023 - 10:27 AM
Google and Amazon blasting out over key resistance today.
Apple so far not really in liftoff mode. But as long as above 153, bulls get full benefit of doubt that thrusters may kick in later.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 16 March 2023 - 10:39 AM
Dow has to get back above 32600 for the Shake N Bake
As long as Apple above 153, certainly not ruling that out.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 16 March 2023 - 10:47 AM
Let's see if this bounce can last for a day in this news driven market..................................
Posted 16 March 2023 - 11:04 AM
Great MARCH 2023 enters final 2 weeks, most active trading for me during previous 10 days.
Will close LONGS to get to Flat Or slightly NET LONG
Adam Mancini (@AdamMancini4) tweeted at 8:11 AM on Thu, Mar 16, 2023:
Day #4 of rangebound chop in #ES_F between ~3960 & 3885. Setting up the next multi-day trend. Targets late day yesterday were 3935 then 3955 and saw 3948 overnight
Plan today: 3910, 3895-3900=supports. Bounce zone to 3935, 3955+. Next leg down starts only if 3880-85 fails
Posted 16 March 2023 - 11:07 AM
Posted 16 March 2023 - 11:11 AM
Dow has to get back above 32600 for the Shake N Bake
As long as Apple above 153, certainly not ruling that out.
Posted 16 March 2023 - 11:13 AM
Let's see if this bounce can last for a day in this news driven market..................................
Posted 16 March 2023 - 11:28 AM
I've heard that chemicals lead the way (precursors to manufacturing?), but they held their cards close to the chest until the last minute.