TSP Center

Temped to get back into the market (today), but need assurance that this momentum is going to carry-over for a period of time (short-term)…

May end up bouncing OFF the 50-Day SMA as a line of RESISTANCE…

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

wingchaser wrote: ↑Fri Sep 02, 2022 10:59 am
May end up bouncing OFF the 50-Day SMA as a line of RESISTANCE…

Wouldn't the 20-day SMA be more probable, based on recent price action?

Looks like it did just that, bounced off the 50 day and then dropped all the way back to the Lower Bollinger Band.

My guess is a re-test of the neck line at 4120 at most and then down some more from there. Under the 200 day SMA, pressure is downward. Short term oversold should get a small push up, maybe. 50 SMA is more likely to be resistance. Sept rate hike coming...

Soon we will test the June low.

Unbelievable swing today, at one point, a 7-digit account was up over $11,000, by EOD, you could find yourself experiencin’ a $11,000 loss…

https://www.cnbc.com/amp/2022/09/01/sto ... riday.html

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

wingchaser wrote: ↑Fri Sep 02, 2022 4:43 pm Unbelievable swing today, at one point, a 7-digit account was up over $11,000, by EOD, you could find yourself experiencin’ a $11,000 loss…

Downward pressure continues with Lower High + Lower Low…

https://www.cnbc.com/2022/09/05/stock-f ... osses.html

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

NRGD - MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs Had an Entry Point of $55.75 @ 1006 hrs 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!!!

Today’s spike “seemingly” came out of nowhere without an associated catalyst…

https://www.cnbc.com/2022/09/06/stock-m ... -news.html

Futile rally (attempt) until proven otherwise!!!

I say that, then I’m more than likely to jump back in with “Irrational Exuberance”…

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

wingchaser wrote: ↑Wed Sep 07, 2022 4:28 pm Today’s spike “seemingly” came out of nowhere without an associated catalyst…

Futile rally (attempt) until proven otherwise!!!

I say that, then I’m more than likely to jump back in with “Irrational Exuberance”…

As Yogi might have said to the market, "I want to thank you for making the day necessary".

What to do, what to do?

Temptation (to get back into the market) is all that it’s meant to be!!!

Positive sentiment (actin’ as a catalyst)…

https://finance.yahoo.com/news/feds-pow ... 10652.html

UPDATE (1140 hrs.): Takin' the plunge, though I have 35 minutes in which to back out. Think I need to pick up a White Key Tag in Gambler's Anonymous

UPDATE (1158 hrs.): Lookin' like a done deal, hopin' for 1-3% over the next 5-10 Trading Sessions (wishful thinkin')

UPDATE (1204 hrs.): Backin' my IFT out, something causin' index to lose momentum

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

Important Sector about to get hammered…

https://money.yahoo.com/mortgage-rates- ... 11361.html

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

Seeing how devoted politicians are to power, I see financial reports/news being manipulated in a way to show improvement... With the media devoutly onboard with them, things will start to appear fantastic, just in time for the elections.... So, I'm predicting large drops in CPI. The fed will pivot early next year, but with the market being forward looking, it will (maybe, heck I don't know) rise before then.. So maybe a good entry??

Momentum headin’ in a positive direction with a Higher High, Higher, Low; closin’ near Session’s High…

https://www.cnbc.com/2022/09/07/stock-m ... close.html

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

wingchaser wrote: ↑Thu Sep 08, 2022 11:00 am What to do, what to do?

Temptation (to get back into the market) is all that it’s meant to be!!!

UPDATE (1204 hrs.): Backin' my IFT out, something causin' index to lose momentum

Wing, I was wondering the same thing - why was it losing momentum before noon? But I still went back in the market because the price had closed above the 10 SMA and hadn't yet been rejected at the 50 SMA. Now I am just hoping it can break and hold above the 50 SMA tomorrow - fingers crossed.