Just Like clockwork...

General TSP Discussion.

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wingchaser
Posts: 517
Joined: Thu Jan 22, 2009 8:39 am

Re: Just Like clockwork...

Post by wingchaser »

Hopin’ that 3,750 provides needed support (once again), though the likelihood of that happenin’ looks slim…

https://www.zerohedge.com/markets/us-yi ... ccelerates

Best of Luck (everyone) in all you choose to endeavor!!!
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“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t... pays it.” ~ Albert Einstein

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bloobs
Posts: 1377
Joined: Tue May 21, 2019 8:00 pm

Re: Just Like clockwork...

Post by bloobs »

Seems like the market wants to go down to 3500 or even 3250/2900 to force the Fed to consider reducing the fed rate a bit back later this year or early next.

I'm fine with that since it will push that everything debt bubble can a few more years before it catastrophically implodes.

wingchaser
Posts: 517
Joined: Thu Jan 22, 2009 8:39 am

Re: Just Like clockwork...

Post by wingchaser »

Bounce off of 3,750, coincidence?

https://www.zerohedge.com/markets/fed-p ... -inversion

Best of Luck (everyone) in all you choose to endeavor!!!
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“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t... pays it.” ~ Albert Einstein

wingchaser
Posts: 517
Joined: Thu Jan 22, 2009 8:39 am

Re: Just Like clockwork...

Post by wingchaser »

In SOXS - Direxion Daily Semiconductor Bear 3X Shares @ $63.90 on Pullback...

LONG LOWER SHADOW Candlestick & W%R confirmation

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

Best of Luck (everyone) in all you choose to endeavor!!!
You do not have the required permissions to view the files attached to this post.
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t... pays it.” ~ Albert Einstein

wingchaser
Posts: 517
Joined: Thu Jan 22, 2009 8:39 am

Re: Just Like clockwork...

Post by wingchaser »

Sold half position in SOXS - Direxion Daily Semiconductor Bear 3X Shares @ $65.75 for 3% ROI...

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

Best of Luck (everyone) in all you choose to endeavor!!!
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t... pays it.” ~ Albert Einstein

wingchaser
Posts: 517
Joined: Thu Jan 22, 2009 8:39 am

Re: Just Like clockwork...

Post by wingchaser »

Out of SOXS - Direxion Daily Semiconductor Bear 3X Shares @ $64.90...

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

Best of Luck (everyone) in all you choose to endeavor!!!
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t... pays it.” ~ Albert Einstein

wingchaser
Posts: 517
Joined: Thu Jan 22, 2009 8:39 am

Re: Just Like clockwork...

Post by wingchaser »

3,750 was breached (albeit briefly), though the index managed to close near sessions’ High…

https://www.bloomberg.com/news/articles ... rkets-wrap

Best of Luck (everyone) in all you choose to endeavor!!!
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“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t... pays it.” ~ Albert Einstein

wingchaser
Posts: 517
Joined: Thu Jan 22, 2009 8:39 am

Re: Just Like clockwork...

Post by wingchaser »

Beautiful GAP UP Candle (on Friday) followed by CONTINUATION in today’s Premarket…

With ten (10) trading day’s left in the month, what is a Trader to do?

Best of Luck (everyone) in all you choose to endeavor!!!
You do not have the required permissions to view the files attached to this post.
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t... pays it.” ~ Albert Einstein

wingchaser
Posts: 517
Joined: Thu Jan 22, 2009 8:39 am

Re: Just Like clockwork...

Post by wingchaser »

The moment I move back into C FUND…

JUST LIKE CLOCKWORK!!!

https://www.bloomberg.com/news/articles ... rkets-wrap

Best of Luck (everyone) in all you choose to endeavor!!!
You do not have the required permissions to view the files attached to this post.
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t... pays it.” ~ Albert Einstein

wingchaser
Posts: 517
Joined: Thu Jan 22, 2009 8:39 am

Re: Just Like clockwork...

Post by wingchaser »

Two (2) powerful negatives, impressive FULL BODY Candle depicting strong Downward Momentum & an apparent bounce off the Indice 50 MDA…

Anyone (other than myself), surprised @ this move?

Best of Luck (everyone) in all you choose to endeavor!!!
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“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t... pays it.” ~ Albert Einstein

jatelle
Posts: 22
Joined: Thu Jul 02, 2015 1:36 pm

Re: Just Like clockwork...

Post by jatelle »

Yes, very surprised. I too went in today. A silver lining: The NQ and the ES did not quite properly test the 50 EMA. The NQ is now holding support aftermarket on the 20 EMA and 9 EMA. While ES is holding support on the 3 EMA. Let's see what tomorrow brings...

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bloobs
Posts: 1377
Joined: Tue May 21, 2019 8:00 pm

Re: Just Like clockwork...

Post by bloobs »

Nothing surprising about bouncing off resistance.

jatelle
Posts: 22
Joined: Thu Jul 02, 2015 1:36 pm

Re: Just Like clockwork...

Post by jatelle »

Yet, I'm not convinced this was a true rejection off resistance. The ES did break through the single standard deviation on the 30 day chart but then lost steam and pulled back. But the ES never challenged any major EMA or any of the previous highs of June 28 or July 8. It just seemed to give up the ghost after 12pm. I suspect it wants to try again tomorrow to test the 50 EMA

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bloobs
Posts: 1377
Joined: Tue May 21, 2019 8:00 pm

Re: Just Like clockwork...

Post by bloobs »

there's little fundamental basis to break through resistance. it's purely a traders market continuing on a months long downtrend.
Anger and intolerance are the enemies of correct understanding.
― Mahatma Gandhi

If it's a choice between a difficult truth and a simple lie, people will take the lie every time. Even if it kills them.
― Paul Murray

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Tomanyiron
Posts: 4681
Joined: Mon Apr 26, 2010 6:39 am

Re: Just Like clockwork...

Post by Tomanyiron »

Deserted Stock Market Shows It Can Swerve Any Way at Any Time
-S&P 500 posts 17th separate session of 1% reversals in 2022
-Violent moves deter wary investors as trading volume slows
-Equities having lost as much as $15 trillion during the bear market run.
-A yearlong rush to the exits by institutional investors has left the stock market’s foundation delicate and given to quick swings.
-On course for the most volatile year since the global financial crisis.

https://www.bloomberg.com/news/articles ... t-any-time

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Fund Prices2022-08-05

FundPriceDayYTD
G $16.98 0.01% 1.45%
F $19.05 -1.07% -8.80%
C $63.14 -0.15% -12.24%
S $67.93 0.74% -18.59%
I $33.31 -0.76% -15.55%
L2065 $12.78 -0.24% -14.10%
L2060 $12.78 -0.24% -14.10%
L2055 $12.79 -0.24% -14.09%
L2050 $26.41 -0.27% -12.04%
L2045 $12.13 -0.27% -11.26%
L2040 $44.61 -0.25% -10.41%
L2035 $11.88 -0.24% -9.47%
L2030 $39.88 -0.21% -8.47%
L2025 $11.54 -0.16% -5.76%
Linc $22.85 -0.12% -2.72%

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