PULLING BACK... STILL ABOVE 0
https://www.marketin...llan-oscillator
Posted 22 June 2023 - 06:35 AM
So the selling started..Outlook for Stagnation. Stock market at an IT top.
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.
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
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
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
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
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
Posted 22 June 2023 - 09:20 AM
Let's see if we get Banana Republic economics ---- rates up, fiat down?
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