184 replies to this topic

[redfoliage2]

 

 

 

 

 

 

Unlike yesterday (a trend day) today looks a trader's day - dips bought and bounces sold ..............................

Currently Bull/Bear Dynamics indicating bulls are still firmly in control and this intra-day dip is likely to be bought .......................

 

I see SPX is likely to close the day above 5100 as bulls are already looking at 5200 ...........................

 

I see SPX 5200 is on the daily trend line ..................

 

NVDA price target lifted to 1400

https://www.streetin...h/22821470.html

 

Very old news lol!!  Out for a 10 point profit try to get a bit higher

 

It's just a few hour old, maybe that's too old for you .....................

 

BTW, with the AI making fast progresses and the Fed rate cut (soon or later) on the table, the market is very likely to continue making new highs, and buying dips is the way to go ..............................

[12SPX]

 

 

 

 

 

 

 

Unlike yesterday (a trend day) today looks a trader's day - dips bought and bounces sold ..............................

Currently Bull/Bear Dynamics indicating bulls are still firmly in control and this intra-day dip is likely to be bought .......................

 

I see SPX is likely to close the day above 5100 as bulls are already looking at 5200 ...........................

 

I see SPX 5200 is on the daily trend line ..................

 

NVDA price target lifted to 1400

https://www.streetin...h/22821470.html

 

Very old news lol!!  Out for a 10 point profit try to get a bit higher

 

It's just a few hour old, maybe that's too old for you .....................

 

BTW, with the AI making fast progresses and the Fed rate cut (soon or later) on the table, the market is very likely to continue making new highs, and buying dips is the way to go ..............................

 

Until reality hits!!!  Outside of nividea who makes its most money on gaming stuff and supplying chips for as I call it "programming intelligence instead of artificial it will end up going down as just another tool.  Googles Gemini is a great example.  When you put in a question like show me the pope they're suddenly black or Indian and if you ask to show a white person it comes up with some definition about being inclusive.  That is not artificial intelligence its just fancy programming.  When that reality finally settles in, nividea will just be another semiconductor company.....

[12SPX]

And while typing I was filled on my short 18060.....

[12SPX]

One thing I find very interesting is the fact that yesterday the market was making new highs with the 10-year at 4.33% and today the market is mixed with bonds down to 4.25%, could people be buying some bonds for safety hmmmmmm.  The best news is that at least were seeing volatility once again as people digest the nividea news, will be an interesting close....

[hhh]

NVDA just gave up $800.

[12SPX]

This time, profit stop 18059, goes through there I'll sell higher....

[12SPX]

Still up and down, profit stop 18020, sell higher

[12SPX]

Out for a 40 point profit, lets see what the final hour brings

[redfoliage2]

Out for a 40 point profit, lets see what the final hour brings

I still see bulls will try to get SPX above 5100 by the close as the Bull/Bear dynamics still indicating bulls are in the control, and we should not underestimate their ability  .........................

Edited by redfoliage2, 23 February 2024 - 02:54 PM.

[redfoliage2]

 

Out for a 40 point profit, lets see what the final hour brings

I still see bulls will try to get SPX above 5100 by the close as the Bull/Bear dynamics still indicating bulls are in the control, and we should not underestimate their ability  .........................

 

Now the Bull/Bear Dynamics changed into even.   Maybe bulls need to take a rest after the huge run-up yesterday ........................

Edited by redfoliage2, 23 February 2024 - 03:25 PM.