242 replies to this topic

[K Wave]

If Bears can KEEP it under 172 this time...down escalator action may in the works for Apple

 

A LOT of stocks have finished their echo bubble ramps and broken hard recently...

 

If MEGA does the same, could get wild, as some of the breaks have been pretty horrific....

Edited by K Wave, 23 May 2023 - 01:27 PM.

[linrom1]

May be at or near ST LOW. CLOSING SHORTS, want to be flat today.
 

High probability of a FAST DEEP PLUNGEnthat could scare BIG MONEY MASSAS into pressuring the politicians to resolve rhis DEBT CEILING MANUFACTURED PHONY CRISID

 

 

Looking good for YM?

[K Wave]

Last time bears could not keep the breakaway attempt going on Dow....different story this time?

 

We know soon.....wedge can only last for so long..........

 

[K Wave]

XHB failure to launch.....67.50 ish is the big level....

 

 

 

[dTraderB]

FLAT

High probability of a FAST DEEP PLUNGEnthat could scare BIG MONEY MASSAS into pressuring the politicians to resolve rhis DEBT CEILING MANUFACTURED PHONY CRISID

[K Wave]

JPM... if bears manage to reverse that bar from the 17th, then will start to look like big time bull failure

 

[dTraderB]

"Tuesday's $35 billion auction of 21-day cash management bills that cover early June required a whopping 6.2% high yield - more than a percentage point above Federal Reserve policy rates. One-month bill yields are hovering just under 5.9%."

[dTraderB]

Key developments that should provide more direction to U.S. markets later on Wednesday:
Minutes from Federal Reserve's most recent Federal Open Market Committee meeting
U.S. Federal Reserve Board Governor Christopher Waller speaks, European Central Bank President Christine Lagarde speaks; Bank of England governor Andrew Bailey speaks
U.S. Treasury auctions 5-year notes, 2-year FRNs
U.S. corporate earnings: NVIDIA, Analog Devices, Snowflake

"Tuesday's $35 billion auction of 21-day cash management bills that cover early June required a whopping 6.2% high yield - more than a percentage point above Federal Reserve policy rates. One-month bill yields are hovering just under 5.9%."

[dTraderB]

ES 4135-45 strong support zone being tested now. My FF is it drops to near 4k & then bounces.

[dTraderB]

Want to start new SPY CALL position.

I have not traded any AI stocks. Want to start LINGS in my RISK PORTFOLIO. Real AI stocks, not phonies etc

ES 4135-45 strong support zone being tested now. My FF is it drops to near 4k & then bounces.