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BULLISH: Not fighting FED, Central Banks, Governments -- FED Dovishness this week


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#271 K Wave

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Posted 24 March 2023 - 11:24 AM

30 min battle rages on in WMT...need a 30 min close under 141 to likely seal in the breakout/fakout on 15 min chart.

 

if it pushes much above 142, then something else may be afoot....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#272 redfoliage2

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Posted 24 March 2023 - 11:24 AM

But I have to say this is a boring day with either side has the commitment.  It really needs a trigger to break up this tie.  Maybe next week...........................


Edited by redfoliage2, 24 March 2023 - 11:33 AM.


#273 K Wave

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Posted 24 March 2023 - 11:31 AM

NY Fang still looking toppy at... you guessed it....the 4 hour line.

 

But has to get back below the reversal from 2 days ago close to seal in a turn....

 


Edited by K Wave, 24 March 2023 - 11:32 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#274 K Wave

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Posted 24 March 2023 - 11:34 AM

Softy still with rising bottoms as it keeps teasing the bears....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#275 K Wave

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Posted 24 March 2023 - 11:38 AM

AZO finally starting to signs of fatigue on 4 hour after the Hangin' Man paid a visit up there at the top on the monthly chart.

 

 

As the canary AAP died a long time ago.....AZO/ORLY shareholders who have not left the auto parts mine may be just about to suffer a similar fate...

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#276 K Wave

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Posted 24 March 2023 - 11:52 AM

weakest bounce on Softy yet...but no breach yet...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#277 K Wave

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Posted 24 March 2023 - 12:04 PM

Yet another tease by softy.....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#278 redfoliage2

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Posted 24 March 2023 - 12:08 PM

Currently this is a directionless market.  Dips bought and bounces sold.  Just day trading  ............................



#279 12SPX

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Posted 24 March 2023 - 12:09 PM

But I have to say this is a boring day with either side has the commitment.  It really needs a trigger to break up this tie.  Maybe next week...........................

Or maybe its like I have been saying since March of last year, this is a grind market now, just going nowhere while things settle out....  Just missed my short fill rats......



#280 K Wave

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Posted 24 March 2023 - 12:09 PM

this could be pivot spot for today on UVXY...

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy