Just Like clockwork...

[wingchaser]

Another day lacking conviction as Target (Miss) & Retail Sector (Strength) can BOTH be viewed as Bad News…

https://www.cnbc.com/2022/11/15/stock-m ... -news.html

Best of Luck (everyone) in all you choose to endeavor!!!

[Tomanyiron]

Another day lacking conviction as Target (Miss) & Retail Sector (Strength) can BOTH be viewed as Bad News…

The 'Reasons' for the market's movements. Reminds me of something I was told when I first when into government service, many many years ago, (but probably same today). A few guys were confused about a decision made, which contradicted a previous decisions. And an 'Old Timer' explained it to us. He said "When the government doesn't want to do something, they will tell you lots of reasons why they can't. But if they do want to do it, they will do it. And then 'cherry-pick' one reason why they did."

[wingchaser]

Interestin’ read…

https://finance.yahoo.com/news/the-piec ... 46660.html

If only I could believe!!!

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

Nasty GAP DOWN Candlestick, driven by Fed Speak might send me to the sidelines…

Best of Luck (everyone) in all you choose to endeavor!!!

[jatelle]

Nasty GAP DOWN Candlestick, driven by Fed Speak might send me to the sidelines…

Yes, very ominous candlestick. It's tempting to bail but I don't believe that the high on Nov 15th has been properly tested. Price may drop some more here (maybe down to 385) but that high has to be challenged this month.

[harpole]

Maybe we try to test the 200MA again?

[jatelle]

Maybe we try to test the 200MA again?

Yes, if tomorrow it can close and hold above the 200 EMA and +1 Standard Deviation (both currently at 401.45) then I think this has legs...

[wingchaser]

Somehow this candle ended up being a WHITE CANDLE, even though the S&P was DOWN 0.31%, someone has to explain that to me (slowly)…

At any rate, Indice closed right @ or near the Sessions’ High…

Quick! Check the Premarket; yep that may be a difference-maker!!!

https://www.cnbc.com/amp/2022/11/16/sto ... -news.html

Best of Luck (everyone) in all you choose to endeavor!!!

[12squared]

Somehow this candle ended up being a WHITE CANDLE, even though the S&P was DOWN 0.31%, someone has to explain that to me (slowly)…

Two days ago the S&P was up, yet the candle was dark!

[ETOZZY]

Somehow this candle ended up being a WHITE CANDLE, even though the S&P was DOWN 0.31%, someone has to explain that to me (slowly)…

Two days ago the S&P was up, yet the candle was dark!

After Googling I See It Was Higher Than Open Which Was 3919.26 IAW Barchart

[Tomanyiron]

...that rattled U.S. financial markets on Thursday
https://www.marketwatch.com/story/this- ... 1668701498

"That chart was presented by St. Louis Fed President James Bullard as part of a presentation in Louisville, Ky., and it shows where he sees “the sufficiently restrictive zone” for the central bank’s main policy rate target. Bullard put the zone somewhere between 5% to 7%, up from the current fed-funds rate range of between 3.75% to 4%. That was enough to cause investors to sell off stocks and bonds in tandem, push the dollar higher, and rewire expectations around how high interest rates could go."

The Fed has got us by the gonads! Their charts counts, ours are not worth POOP!

[wingchaser]

The CROSS Candlestick is (usually) indicative of indecisiveness & yet the Indice’ appeared to close near Sessions’ High…

Go figure!!!

Thought I’d add the 200-Day SMA just as a point of reference…

https://www.cnbc.com/2022/11/17/stock-m ... -news.html

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

Nailed 2% on NRGD - MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs; as usual, I think I sold too early (though)…

Entry Point on PULL BACK with confirmation of VOLUME SPIKES & WILLIAMS %R...

These Leveraged ETF(s) can be targeted for your ROTH IRA, which remains a perfect augmentation for one’s TSP…

https://m.youtube.com/watch?v=-QvZ-HpaJNY

5-digit maximum exposure is recommended (here)…

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

Not likin’ the action in the market @ the moment. RISK OFF seems to be the prudent move (here)…

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

No momentum, no volume & from my perspective…

No Risk!!!

https://www.cnbc.com/2022/11/21/stock-m ... -news.html

Best of Luck (everyone) in all you choose to endeavor!!!