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BULLISH BREAKOUT.. but bearish/inflationary OPEC OUTPUT CUT


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#241 redfoliage2

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Posted 06 April 2023 - 10:17 AM

I said early in the week that the market was going to consolidate thru the holiday-shortened week.   Now I see it's likely the market may bounce up next week  .................


Edited by redfoliage2, 06 April 2023 - 10:22 AM.


#242 K Wave

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Posted 06 April 2023 - 10:20 AM

Still looking like all about 33600 on Dow...

 

Trannies may give a clue very soon

 


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

 

 


#243 K Wave

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Posted 06 April 2023 - 10:22 AM

Tranny Bears MUST hold this back test to complete the transition.....

 

We find out soon whether they can....

 

 


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

 

 


#244 K Wave

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Posted 06 April 2023 - 10:28 AM

GS 1 min pretty much at full compression....decision should be soon....

 


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

 

 


#245 K Wave

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Posted 06 April 2023 - 10:56 AM

Trannies peeking over 14K....decision time dead ahead...


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

 

 


#246 12SPX

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Posted 06 April 2023 - 10:56 AM

Well isn't this exciting, starting my short build at 4120....



#247 K Wave

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Posted 06 April 2023 - 10:57 AM

Rusty still lagging, but would not take a whole lot for the 1760 reclaim

 

 

 


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

 

 


#248 K Wave

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Posted 06 April 2023 - 10:58 AM

GS still in full coil....


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

 

 


#249 K Wave

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Posted 06 April 2023 - 10:59 AM

FTSE continues to run...

 


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

 

 


#250 K Wave

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Posted 06 April 2023 - 11:01 AM

Dax back above Key 15600...above that Cherry, new highs would become a very real possibility

 


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