jademann
Posts: 1036 Joined: Wed Aug 22, 2012 10:49 am
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by jademann » Thu Dec 22, 2022 1:19 pm
Still holding UPRO. Bad idea or?
My comments were dictated to me by homie the clown
marcueus2
Posts: 105 Joined: Wed Feb 03, 2016 1:54 pm
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by marcueus2 » Thu Dec 22, 2022 1:24 pm
jademann wrote: Still holding UPRO. Bad idea or?
It depends on your time frame
3500 retest on SPX is coming so question is how deep pockets you have
BullBear52x
Posts: 30022 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Dec 22, 2022 1:25 pm
Bad very bad, Today is do or die, looking it is dying.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
jademann
Posts: 1036 Joined: Wed Aug 22, 2012 10:49 am
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by jademann » Thu Dec 22, 2022 1:29 pm
Im out. time to take a break.
My comments were dictated to me by homie the clown
BullBear52x
Posts: 30022 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Dec 22, 2022 1:32 pm
Falling wedge, when it fails it fails in a grand style.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
JFR
Posts: 10586 Joined: Sun Dec 02, 2012 7:24 pm
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by JFR » Thu Dec 22, 2022 1:34 pm
ES 5 minutes.
Down beneath S2. Trying to find some support.
Charts posted are not recommendations. They are just a sharing of information.
Cobra
Site Admin
Posts: 60077 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Thu Dec 22, 2022 2:00 pm
Consolidation, bias still is down.
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Ratbastrd
Posts: 168 Joined: Tue May 31, 2011 3:32 pm
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by Ratbastrd » Thu Dec 22, 2022 2:17 pm
Today's blue light special,,,,, $TSLA get your shares while supplies last.
Opening a small position here for the first time. Looking for <$100 before the bleeding stops. Putting it in the kids funds....
jack black
Posts: 272 Joined: Sat Sep 08, 2012 5:27 pm
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by jack black » Thu Dec 22, 2022 2:29 pm
I have been using $CPC, $CPCE, etc for trading decisions but it failed me miserably in the last couple of weeks. is it broken now?
THANKS!
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BullBear52x
Posts: 30022 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Dec 22, 2022 2:37 pm
New RED line for trend following. no positive price action until it can trades over. keep it simple for trend following method
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 30022 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Dec 22, 2022 2:41 pm
Forget chart patterns, follow the trend. the market is way too bearish.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Thu Dec 22, 2022 2:48 pm
Intraday
approximately 87% of stocks are declining
approximately 87% of volume is in declining stocks
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BullBear52x
Posts: 30022 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Dec 22, 2022 3:19 pm
Last sell, until this sell fail will the bulls got a say. so far it's above the RED line. there is hope for bulls.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades w 2 Cats
Posts: 1968 Joined: Tue Dec 15, 2020 3:48 pm
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by Trades w 2 Cats » Thu Dec 22, 2022 3:20 pm
The drop today has made the alternate Elliot Wave count (more down ahead) the Primary.
Cobra
Site Admin
Posts: 60077 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Thu Dec 22, 2022 3:23 pm
It's the very first test of EMA20 today so could attract some sellers. In fact it's L1 short now, maybe not enough, need L2 something.
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JFR
Posts: 10586 Joined: Sun Dec 02, 2012 7:24 pm
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by JFR » Thu Dec 22, 2022 3:28 pm
ES 5 minutes.
After the bears roaring, the bulls are making a quiet little peep. Early birds. Sometimes they get in early on a good ride. Sometimes not.
Good support at 3795.
Charts posted are not recommendations. They are just a sharing of information.
BullBear52x
Posts: 30022 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Thu Dec 22, 2022 3:39 pm
Trades w 2 Cats wrote: The drop today has made the alternate Elliot Wave count (more down ahead) the Primary.
Other than day trade, I am 100% with you on this.
My comments are for entertainment/educational purpose only. NOT a trade advice.
merryme
Posts: 561 Joined: Tue Apr 01, 2014 1:41 pm
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by merryme » Thu Dec 22, 2022 3:48 pm
Unless we move back into the trading range soon (meaning we are having a larger shakeout) then we are in markdown. I'm thinking markdown.
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Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
Trades w 2 Cats
Posts: 1968 Joined: Tue Dec 15, 2020 3:48 pm
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by Trades w 2 Cats » Thu Dec 22, 2022 3:51 pm
This is a count I saw on Twitter. Pretty typical of what a lot of folks are posting. I added Fib extensions. That is about twice the decline the two best prognosticators on Wall Street are predicting. (Wilson at Morgan and Harknett at B of A).