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.

1655422502147.png
 
Last edited:
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
 

Latest posts

Latest posts

Fishing Reports

Latest articles

Latest posts

Back
Top