260 replies to this topic

[dTraderB]

McOsc NYSE barely positive
https://www.mcoscill...t_breadth_data/

[dTraderB]

Adam Mancini (@AdamMancini4) tweeted at 3:51 PM on Mon, Apr 24, 2023:
Closing update Another day of identical action as #ES_F consolidates to setup a large breakout very soon. Same drill: 4166 next up and breakout point to 4180+. 4148 remains support (4133, 4120 below).

[12SPX]

Well that was exciting, got my long build over night at 4140 but my lower one never hit and were barely over 4140.  See how it goes in this very flat grinding market, profit stop 4141.  Should be another exciting day of trading lol, not...  Microsoft and Google tonight, maybe some excitement after that lol!!!

[K Wave]

Rusty with possible big stumble overnight...still held 1760, but should that get taken out on another swing down, could get treacherous now.

 

Still watching to see if Apple can get one last ramp attempt going off 164....if not, the crumbling may begin...Tesla is definitely flashing an a alert signal....

 

 

 

 

 

[K Wave]

Also if SOX does not recover 3040, probably by today, may be sayonara there....

Edited by K Wave, 25 April 2023 - 07:36 AM.

[K Wave]

And Dr copper just lost a bit more significant pivot....there are some cracks starting to show

 

[12SPX]

That didn't last long, out for 1 point profit.  Maybe wait for the cash open...

[K Wave]

Watch Trannies dead ahead here....getting real close to breaking out of the wedge...sustained action back below 14400 would be first sign of weakness now

 

[K Wave]

My guess is decision time is just about here on Rusty...

 

Either this if final shakeout before recovery and and launch over 1800, or it fails soon on the bounce attempt and starts to roll over...

 

Apple action dead ahead my shed some light...

 

[K Wave]

GS testing 1 hour and 4 hour simultaneously....as both attempt to roll....this 340 area is big.....