292 replies to this topic

[dTraderB]

ES 3955 PIVOT very important.

https://ibb.co/tcXyndC

[dTraderB]

NASDAQ weaker today as FED decision on rates approach. FIRST REPUBLIC is the canary in the coalmine. JPM et al teying to save it but it looks hopeless.

If bulls gonna keep it going on Naz, then right about here where they need to step up....
 
any missteps could lead to disaster
 

[K Wave]

Can probably move up the get outta Dodge level on Apple to 154 now...

 

But no panic unless that one joins in...

[dTraderB]

FIRST REPUBLIC in the death zone

Banks begging for ALL DEPOSITS TO BE INSURED by FDIC.

MARKETS WOBBLING

So I'd expect more bank problems before the Fed willing to stop .....................

[dTraderB]

Not going LONG on AAPL

Prefer AMZN and GOOGL

Can probably move up the get outta Dodge level on Apple to 154 now...
 
But no panic unless that one joins in...

[redfoliage2]

FIRST REPUBLIC in the death zone

Banks begging for ALL DEPOSITS TO BE INSURED by FDIC.

MARKETS WOBBLING
 

So I'd expect more bank problems before the Fed willing to stop .....................

 

It looks that most are just day trading in this market, so afternoon sliding has become normal ..............................

Edited by redfoliage2, 20 March 2023 - 01:21 PM.

[redfoliage2]

It's likely that the market will be holding in a narrow range here before the Fed statement on Wednesday.  Expect a morning ramp up again tomorrow ...........................

Edited by redfoliage2, 20 March 2023 - 02:15 PM.

[linrom1]

DXY down, rates up that's banana republic aka Argentina, Turkey.

[redfoliage2]

Buying dips and selling bounces should work well in this time window, great for day traders ................

Edited by redfoliage2, 20 March 2023 - 03:06 PM.

[dTraderB]

ES 4009.5 HEDGE SHORT

WANT TO HOLD LONGS until after FED MEETING PRESS CONFERENCE