The stock market

These are the near-term levels on the S&P daily that would have to clear for any type of pivot higher. First have to clear 3810, then 4017, then 4223. Each move into those areas will be shorted/sold on swing failures. You can see the green candle from yesterday, wicked into and could not clear 3810.

On the daily oscillator not oversold yet.

On another note: dem bastids' closed it at 3666 today.

Options Expiration tomorrow so will be interesting to see where dealers are positioned.

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just think how badly the bottom will fall out if China goes after Taiwan - it'll make the Ukrainian drop look like a minor dip
 
all the bad news is out..including possible recession...I'm not comfortable being long here....but scared chit being short right now. Powells going to say something good tomorrow
Agreed its a conundrum.. At this present level, no shorts here for me. Around 4050-4150, if we get there, would be fine for me to scale in short....not sure we get there ,,,,

No need for me to mess around at this level. I like cash....even though inflation sucks
 
If you guys are confused, imagine how the rest of us are feeling!!!o_O

Got cash and I have my funds. Just going to put them in a drawer and not look...........too stressful
 
GOOD NEWS...ENERGY IS GETTING WHACKED!!! down 6%.... which i don't own anymore :) thank you very much

Fed guy Powell is testifying and the market is turning positive

bitchcoin still looks sick
 
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