Bears still need that foothold over 18 on VIX....once that happens, then they may get some traction....
Time runing out on BULLS - DEBT CEILING hanging over market
#41
Posted 16 May 2023 - 09:33 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
#42
Posted 16 May 2023 - 09:46 AM
yup, drip drip drip, profit stop 4140, sell above...
#43
Posted 16 May 2023 - 09:55 AM
Btw I will also add that I have started a short build on the ndx here at 13500 but this is to be a longer term trade so will either add to it or take it off whenever. The index continues to grind out new highs here but I think in the end is going to see a sell off!! I'll likely forget to post on it here though just giving you my opinion.
#44
Posted 16 May 2023 - 10:18 AM
Utes...940 finally recaptured by bears....pieces seem to be lining up except for Naz....see how much longer it holds out....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#45
Posted 16 May 2023 - 10:20 AM
UVXY getting a foothold over the 1 min later today could perhaps be first sign bears about to strike in a bigger way...
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
Posted 16 May 2023 - 10:22 AM
Apple trying to turn the 3 min at 172, with 5 min just below
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#47
Posted 16 May 2023 - 10:33 AM
Arg again out for 1 point.....hmmmmm what to go for...
#48
Posted 16 May 2023 - 10:35 AM
5 min bearish engulfing on Naz...maybe??
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#49
Posted 16 May 2023 - 10:35 AM
Whoops at least that was a 5 point profit...
#50
Posted 16 May 2023 - 10:37 AM
And again oops and so mad out now, was a 7 point profit