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The Bear Market Resumed?


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#31 redfoliage2

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Posted 16 March 2023 - 10:53 AM

Let's see if this bounce can last for a day in this news driven market..................................



#32 redfoliage2

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Posted 16 March 2023 - 11:44 AM

In this news driven market I really don't trust a bounce.  Safer just day trading as who knows what breaking news will come up overnight  ....................



#33 redfoliage2

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Posted 17 March 2023 - 09:10 AM

Let's see how long this bounce can last .....................


Edited by redfoliage2, 17 March 2023 - 09:14 AM.


#34 linrom1

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Posted 17 March 2023 - 09:24 AM

TBTF banks are getting smoked. Gold is going parabolic.


Edited by linrom1, 17 March 2023 - 09:25 AM.


#35 linrom1

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Posted 17 March 2023 - 09:42 AM

Everyone is like a deer caught in the headlines. No this is not a remake/remodel of 2008?



#36 linrom1

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Posted 17 March 2023 - 09:43 AM

DOW is GTFO.



#37 redfoliage2

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Posted 20 March 2023 - 02:49 PM

It looks Mr. Market is trying to stay in a narrow range prior to the Fed statement on Wednesday 2 pm. So dips get bought and bounces sold...................... 


Edited by redfoliage2, 20 March 2023 - 02:51 PM.


#38 redfoliage2

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Posted 21 March 2023 - 08:09 AM

SPX now back into bullish configuration - above the 2022 down trend line and above the 200 dma, pending for a breakout at SPX 4000  ..........................


Edited by redfoliage2, 21 March 2023 - 08:14 AM.


#39 redfoliage2

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Posted 21 March 2023 - 08:34 AM

Of course it depends on the Fed ........................



#40 redfoliage2

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Posted 21 March 2023 - 09:35 AM

SPX now back into bullish configuration - above the 2022 down trend line and above the 200 dma, pending for a breakout at SPX 4000  ..........................

Expect the breakout to take place tomorrow if the Fed shows any dovishness and I bet the Fed will blink  ...........................


Edited by redfoliage2, 21 March 2023 - 09:44 AM.