DrStool Posted February 22 Report Share Posted February 22 The bulls continue to fight the Fed, breaking the First Rule of Law. And what happens when you fight the Fed? This. The ES 24 hour S&P futures hourly. And this: That's the 20 year Treasury ETF hourly. January rally round trip. If they don't clear 4015 on the ES today, bulls will suffer more pain. The busted top pattern has a conventional measured move target of 3910. Probably won't happen all today, but I wouldn't rule it out either. Normal 2-3 and 5 day cycles are out of synch, so timing is just a matter of sport and resistance today. Ciao for now. Meanwhile, for the big picture. Bears Challenge Bulls to A Duel – Here’s Who Gets Shot For moron the markets, see: Gold’s Temperature Reaches Absolute Zero February 22, 2023 Swing Trade Screen Picks – Ambiguity Central February 21, 2023 Bears Challenge Bulls to A Duel – Here’s Who Gets Shot February 21, 2023 You Can Now Follow the Diabolical Usual Suspects February 16, 2023 One Gold Indicator Needs to Whipsaw or Will Signal a Secular Top February 14, 2023 Swing Trade Screen Picks – Meat Grinder Prevails February 13, 2023 How Bears Could Take Charge This Week February 13, 2023 US Treasury Throws A Shocker to Reverse the Stock Market Outlook February 9, 2023 Composite Liquidity Should Be Bearish, Here’s Why It’s Not Right Now January 26, 2023 Withholding Taxes Fell Sharply in January February 3, 2023 If you're serious about the underlying forces of supply and demand that drive the markets, join me! If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam folder. Link to comment Share on other sites More sharing options...
fxfox Posted February 22 Report Share Posted February 22 No posts 1 hour after market opened. Bearish. Link to comment Share on other sites More sharing options...
WTF Posted February 22 Report Share Posted February 22 Where are the TSLA dip buyers? The game doesn't work if it's not exploding higher.... Link to comment Share on other sites More sharing options...
WTF Posted February 22 Report Share Posted February 22 AAPL looking rotten, working on closing the gap, see you at $145.43. Link to comment Share on other sites More sharing options...
DrStool Posted February 22 Author Report Share Posted February 22 i'm back. Shit can now happen. Link to comment Share on other sites More sharing options...
DrStool Posted February 22 Author Report Share Posted February 22 Line of Demarcation and Momenty z Trud with bullish hourly oscillators. Link to comment Share on other sites More sharing options...
fxfox Posted February 22 Report Share Posted February 22 Bears took over, but traffic here non existent. Bearish. Link to comment Share on other sites More sharing options...
WTF Posted February 22 Report Share Posted February 22 30 minutes ago, fxfox said: Bears took over, but traffic here non existent. Bearish. There are very few bears remaining. Looking forward to the crash when this really starts going down... there will be no buyers. Link to comment Share on other sites More sharing options...
PullMyFinger Posted February 22 Report Share Posted February 22 11 minutes ago, WTF said: There are very few bears remaining. Looking forward to the crash when this really starts going down... there will be no buyers. Unfortunately, waiting for a crash often feels like waiting for Godot. 1 Link to comment Share on other sites More sharing options...
WTF Posted February 22 Report Share Posted February 22 Same old stupid in TSLA... but the rest of the markets not tagging along for the ramp... is the game changing? Link to comment Share on other sites More sharing options...
DrStool Posted February 22 Author Report Share Posted February 22 Well now, that ended well, didn't it. Until Tamara, from nice Nice France, Bonne nuit et bonne chance! Link to comment Share on other sites More sharing options...
fxfox Posted February 22 Report Share Posted February 22 Reason for after hours upmove: Nvidia beats https://www.earningswhispers.com/epsdetails/nvda Link to comment Share on other sites More sharing options...
WTF Posted February 22 Report Share Posted February 22 25 minutes ago, fxfox said: Reason for after hours upmove: Nvidia beats https://www.earningswhispers.com/epsdetails/nvda Could not have put "AI" into their earnings press release anymore without you thinking the keyboard keys were stuck, thus giving the gully-bulls exactly what they wanted to hear. Link to comment Share on other sites More sharing options...
WTF Posted February 22 Report Share Posted February 22 Shorted Nvidia afterhours using NVDS (1.25x Bear ETF). The $20 rise seemed like a little too much and it just felt right to me... Unless they have a Heuristically programmed ALgorithmic Computer 9000 already to rollout, could be overdone. Link to comment Share on other sites More sharing options...
SiP Posted February 23 Report Share Posted February 23 SPX decision time Link to comment Share on other sites More sharing options...
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