If that was indeed Wave 2 bottom on UVXY, no tellin' how high it could blow now as long as above 16.....but it could be explosive....
Suddenly BEARISH: War! Uncertain & precarious Global Markets
Started by
dTraderB
, Oct 08 2023 04:33 PM
313 replies to this topic
#301
K Wave
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Posted 13 October 2023 - 10:26 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
#302
K Wave
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Posted 13 October 2023 - 10:28 AM
But bulls are not completely dead until META takes out 300...if that happens....LOB
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#303
K Wave
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Posted 13 October 2023 - 10:40 AM
IF BTC starts to break hard from here...may be almost game over....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#304
K Wave
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Posted 13 October 2023 - 10:41 AM
Despite the panic into Gold, Dr Copper not having a great day at the cliff 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
#305
K Wave
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Posted 13 October 2023 - 10:55 AM
As expected, UVXY on the warpath after the 16 breakout....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#306
K Wave
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Posted 13 October 2023 - 11:18 AM
Dow 33600 STILL holding....getting interesting 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
#307
linrom1
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Posted 13 October 2023 - 11:20 AM
If you look at the Dollar on LT chart, it could go to 160?
#308
K Wave
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Posted 13 October 2023 - 11:28 AM
Rusty holding 1720 so far...lower pivot getting set....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#309
K Wave
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Posted 13 October 2023 - 11:35 AM
This market a quick hitter until we finally get some sort of big decision....
Bulls now getting their turn after the 33600 hold....
If and when that level gets busted, might hold shorts for a bit longer.
If and when 34K is busted, might consider the opposite....
Edited by K Wave, 13 October 2023 - 11:35 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
#310
redfoliage2
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Posted 13 October 2023 - 11:36 AM
Some desperate bears calling "fire" yesterday that caused the sudden dip while the market was rising. But I see the IT rally won't be derailed and still on schedule. The support for my view is the anticipations of the turnaround in the 3rd corporate earnings and the fed to pause the rate hiking for the year.......................
I see SPX likely to take 4600 by the end of the year. Still lots of bears remaining to get covered, maybe some of them took the opportunity and got covered yesterday, but currently CNN Fear/Greed still very low at 30.......................................
Edited by redfoliage2, 13 October 2023 - 11:44 AM.
