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Unseasonally BEARISH APRIL? .EARNINGS RALLY?


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#41 K Wave

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Posted 10 April 2023 - 09:10 AM

See if bears cough up 128 on JPM here 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

 

 


#42 12SPX

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Posted 10 April 2023 - 09:11 AM

Profit stop 4101 once again...



#43 K Wave

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Posted 10 April 2023 - 09:23 AM

JPM really struggling with 128....

 

GS 322 breach could be first sign of trouble there...above 324 it may start to run in some empty space...


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

 

 


#44 12SPX

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Posted 10 April 2023 - 09:24 AM

Hmmmm gonna go crazy, profit stop 4102 lol!! 



#45 K Wave

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Posted 10 April 2023 - 09:30 AM

Some big really important wedgies trying to resolve here...


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

 

 


#46 jacek

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Posted 10 April 2023 - 09:35 AM

I'd say - no volume, CPI on Wed, ES going for gap close for now


Edited by jacek, 10 April 2023 - 09:36 AM.


#47 12SPX

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Posted 10 April 2023 - 09:37 AM

How about that, profit stop 4105...



#48 redfoliage2

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Posted 10 April 2023 - 09:50 AM

A range bound market - dips will be bought and bounces sold ............................

Expect the market to break out of the range upward on Wednesday when the March CPI is out as CPI likely lower for the month of March ...................  


Edited by redfoliage2, 10 April 2023 - 09:55 AM.


#49 linrom1

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Posted 10 April 2023 - 09:51 AM

I'd say - no volume, CPI on Wed, ES going for gap close for now

CPI lower mostly due to lower gas prices, no reason for FED to lower rates and stoke inflation.

 

CPI higher, no reason for FED to lower rates.

 

Pivot monkeys lose again.LOL.



#50 K Wave

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Posted 10 April 2023 - 09:53 AM

Dow cash in full wedge mode...

 

33400 or 33500 may decide it here


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