Jump to content



Photo

Surprising JUNE BULLISH SURGE should end soon


  • Please log in to reply
86 replies to this topic

#41 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,796 posts

Posted 21 June 2023 - 03:55 PM

PULLING BACK... STILL ABOVE 0 

https://www.marketin...llan-oscillator



#42 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,101 posts

Posted 22 June 2023 - 06:35 AM

Outlook for Stagnation. Stock market at an IT top.

So the selling started..

We are likely to see ES 4200 on this swing down.

#43 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,733 posts

Posted 22 June 2023 - 08:27 AM

Quiet market while everyone around the world continues to raise rates, bonds are high and calls are pricey with the volatility index actually going down yesterday.  My average short now at 4420 has a profit stop of 4410 for the cash open and will sell higher if hit.  Been down a few days though so could see another lift attempt as we have been down but this market is still unhealthy and needs a pullback.



#44 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,419 posts

Posted 22 June 2023 - 08:41 AM

What's worse than an Island in The Sky?

 

How about 2 of them....

 

DAX may be warning here....

 

Now we see if the struggling levitation act on Apple ends 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

 

 


#45 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,419 posts

Posted 22 June 2023 - 08:51 AM

Still thinkin' floor recapture of the last little floor on UVXY might be the get outta Dodge warning...

 

That, combined with Apple starting to live under 184 might just get it done

 


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 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,419 posts

Posted 22 June 2023 - 08:56 AM

IF DAX fails on this bounce somewhere near 16K, could start to get ugly and possibly fast...

 

16K is so freaking huge on this chart...

 


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 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,419 posts

Posted 22 June 2023 - 09:01 AM

REIT...still no sign of the bull to be seen....

 

odd market we have on our hands 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

 

 


#48 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,419 posts

Posted 22 June 2023 - 09:03 AM

pretty much the same on Utes....a breach of 880 could be catastrophic....

 

 

 


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 linrom1

linrom1

    Member

  • Traders-Talk User
  • 4,042 posts

Posted 22 June 2023 - 09:20 AM

Let's see if we get Banana Republic economics ---- rates up, fiat down?



#50 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,419 posts

Posted 22 June 2023 - 09:20 AM

Assuming bulls can hold today's pivot action, perhaps one last ramp into month end on Apple for the 3 Divergent Drives to a Top to end things?

 

 

 


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