Apple has set the mark at 164...bears have to take that to start any kind of topping process.
BULLISH BREAKOUT.. but bearish/inflationary OPEC OUTPUT CUT
#21
Posted 03 April 2023 - 08:38 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
#22
Posted 03 April 2023 - 08:46 AM
Watching FTSE here closely...IF it is doing down into Wave 3 , then a breach of the 1 min line fairly soon would be needed to start things off.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#23
Posted 03 April 2023 - 08:50 AM
AAPL & QQQ PUTS
UNG CALLS
SPY PUTS orders
OPEC + surprise Sunday announcement of output cut could derail this rally.
Most likely, a pullback and then rally resumes.
I started a new SHORT POSITION late Friday. Very small, puzzling drop in last 30 minutes.
JPM BLAMED ....
#24
Posted 03 April 2023 - 08:54 AM
Trannies and SOX the weak ones on the board today...see if that persists...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#25
Posted 03 April 2023 - 08:59 AM
TSLA getting whacked on some pretty good delivery numbers....195 KEY there....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#26
Posted 03 April 2023 - 09:08 AM
Looks like I'll be at 4100 before I know it as my average short is 4090 now lol!! Not hard to bring averages up here with this movement. Another to take note of is were fast approaching my April expiration cycle numbers already and we have 3 weeks to go so wouldn't be surprising to see volatility kick up once again!!
#27
Posted 03 April 2023 - 09:11 AM
Dow back up to the hugely important 33600 area...
IF bears fail to defend it, they may let bulls get away upside...
Whether SOX and Trannies reverse the early losses or not may give clues...
thus far, neither with any indication of that.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#28
Posted 03 April 2023 - 09:12 AM
It looks that bulls still want to push higher, BTW I had the ES calls covered overnight ..........................
Edited by redfoliage2, 03 April 2023 - 09:16 AM.
#29
Posted 03 April 2023 - 09:12 AM
NVDA still climbing the stairs, but 275 could be a trip level now
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#30
Posted 03 April 2023 - 09:13 AM
It looks that bulls still want to push higher ..........................
This kind of SOX/Tran combo action can lead to trouble....see how it plays out later on
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy