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BULLISH intraday reversal but more declines ahead


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#221 12SPX

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Posted 25 August 2023 - 10:05 AM

Getting really exciting now, average long 4390....



#222 redfoliage2

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Posted 25 August 2023 - 10:06 AM

Regarding the Fed chief speech the market was sold hard on the rumor yesterday .......................................

So, I'm betting a buying on the fact later today .........................


Edited by redfoliage2, 25 August 2023 - 10:07 AM.


#223 linrom1

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Posted 25 August 2023 - 10:15 AM

This is not set-up for a bounce?


Edited by linrom1, 25 August 2023 - 10:19 AM.


#224 K Wave

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Posted 25 August 2023 - 10:18 AM

Looking like meta getting seriously underway on its next leg down now.

Apple needs just a little more crack to join in. Above 178 would be the something wrong stop on that one now.

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

 

 


#225 K Wave

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Posted 25 August 2023 - 10:25 AM

UNH first crackage under 488.

Now we see if it's slowly developed into a deluge or bulls some kind somehow engineer a sticks save before it goes completely over the edge.

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

 

 


#226 12SPX

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Posted 25 August 2023 - 10:29 AM

This is not set-up for a bounce?

Funny, and people wonder why I don't believe very much in technical trading.  I look at this and see a bounce coming lol!!  



#227 12SPX

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Posted 25 August 2023 - 10:30 AM

Oh and profit stop 4391, buy below....



#228 12SPX

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Posted 25 August 2023 - 10:31 AM

Actually sorry I'm gonna cancel that profit stop for now...



#229 12SPX

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Posted 25 August 2023 - 10:36 AM

There we go, profit stop 4395, buy below....



#230 12SPX

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Posted 25 August 2023 - 10:48 AM

Out for a 5 point profit, trying to get in lower we'll see...