DrStool Posted October 13, 2022 Author Report Share Posted October 13, 2022 Coitus interruptus. Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2022 Author Report Share Posted October 13, 2022 Interesting. Link to comment Share on other sites More sharing options...
fxfox Posted October 13, 2022 Report Share Posted October 13, 2022 8 minutes ago, DrStool said: Interesting. Batman. Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2022 Author Report Share Posted October 13, 2022 Note that, so far anyway, the rally stopped here at the exact centerline of the triangle. Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2022 Author Report Share Posted October 13, 2022 Another interesting point is that it creates a megaphone within a megaphone. That is to say, a minimegaphone. Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2022 Author Report Share Posted October 13, 2022 Short covering and spike rallies weaken the market. Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2022 Author Report Share Posted October 13, 2022 The price implication of the bottom pattern spawned by this rally is 3760. Link to comment Share on other sites More sharing options...
The CoinGuy Posted October 13, 2022 Report Share Posted October 13, 2022 When viewing the candle we're leaving here today. If it stays about the same at the close... From my perspective...I have to call this a HE(High Energy) event. So...it's a bottom or a 1/2 way pivot marker(with 3350 as the objective). Personally...I don't believe it can be anything else. Best, TCG Link to comment Share on other sites More sharing options...
fxfox Posted October 13, 2022 Report Share Posted October 13, 2022 Stoolie „SiP“ only appears at bottoms. He is here today… 1 Link to comment Share on other sites More sharing options...
fxfox Posted October 13, 2022 Report Share Posted October 13, 2022 2 days ago Yellen said „Treasury market functions well“. Then yesterday the British Finance minister „visits“ Washington. Then yesterday evening Yellen all of a sudden „worries about adaequate liquidity in Treasury markets“ Furthermore there is a USD/CHF swap line between the FED and the Swiss National Bank since yesterday. You can bet your ass that those Dollar directly go to Credit Suisse. There is huge huge stress in the financial system. Globaly. Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2022 Author Report Share Posted October 13, 2022 My take. A bizarre and meaningless short squeeze that will inevitably lead to a crash within a few months. On that note, I will say Bonne nuit et bonne chance. Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2022 Author Report Share Posted October 13, 2022 Also, I think that this was an example of your tax dollars at work. When the chips are down the PPT is there for you. 1 Link to comment Share on other sites More sharing options...
Jorma Posted October 13, 2022 Report Share Posted October 13, 2022 I'm going with: SPX will not decline 7 days in a row rule. People just want to buy. They can't help themselves. Link to comment Share on other sites More sharing options...
fxfox Posted October 13, 2022 Report Share Posted October 13, 2022 Just now, DrStool said: Also, I think that this was an example of your tax dollars at work. When the chips are down the PPT is there for you. Yep. Market was bombed higher by pros, not by retail. Apple, Mafiasoft, Berkshire were bought with both hands. Retail darlings like Plug Power, Etsy found not many lovers today. Link to comment Share on other sites More sharing options...
SiP Posted October 13, 2022 Report Share Posted October 13, 2022 Yeah, Im sayin we should rally. If not, I kid you not, you should be scared. Just to let you know, some insights from real economy. My bro is a trucker for JB hunt. He said that never in his life has he seen so little merchandise / goods to carry before Black Friday and Christmas. It is v. bad in Chicago. You cant sell house in Chicago. The market is frozen. In Poland we just started to have mass layoffs. The biggest media company just announced them today. Media is the first sector to feel the heat and good canary in the coal mine. cheers Link to comment Share on other sites More sharing options...
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