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Surprising JUNE BULLISH SURGE should end soon


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#81 12SPX

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Posted 23 June 2023 - 10:39 AM

Whoops didn't hit post but didn't matter and changed my profit stop to 4400 sell above but it doesn't matter still down lol!!! 

 

You just may be right d and red as its no real big surprise that with everyone continuing to raise it will eventually create a slowdown.  With debt where it is, higher rates, a slowing economy, lower earnings, expensive call options, lowest volatility index in a couple years  that can't be good for the future,,,,or at least for a couple weeks lol!!!  profit stop on my short at 4410.



#82 K Wave

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Posted 23 June 2023 - 10:55 AM

SQQQ tryin' to setup....see if bears can engage the slingshot

 

Likely gonna need Apple and Meta to falter though

 


Edited by K Wave, 23 June 2023 - 10:56 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

 

 


#83 dTraderB

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Posted 23 June 2023 - 11:19 AM

VERY RESILIENT.   FOMO BUYING THE DIP

 

EARLY STAGES OF BULL MARKET.

 

Pullback soon but this looks like a SUMMER BULL MARKET 2023

JULY  may be a huge up month 

 

 

The Thursday-Friday rally streak may be broken this week..... BUT THIS MARKET IS EXTREMELY RESILIENT as we saw yesterday.
I think EITHER it goes down by at least 2% today OR finishes UP. BIG DECLINE or up.



#84 linrom1

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Posted 23 June 2023 - 11:38 AM

If bulls like Andre99 don't start buying, it could be Katy bar the Door.



#85 dTraderB

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Posted 23 June 2023 - 12:32 PM

Adding new SHORTS: AAPL & AMZN PUTS

#86 redfoliage2

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Posted 23 June 2023 - 12:37 PM

As the real inflation persists this is what the central banks have to do:
https://m.investing....flation-3110984


BTW, Id expect more selling next week.

#87 12SPX

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Posted 27 June 2023 - 09:52 AM

Starting a short build at 4390....