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12/22/2022 Live Update

jademann
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Re: 12/22/2022 Live Update

Post by jademann »

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

Re: 12/22/2022 Live Update

Post by marcueus2 »

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
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BullBear52x
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Re: 12/22/2022 Live Update

Post by BullBear52x »

Bad very bad, Today is do or die, looking it is dying.
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jademann
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Re: 12/22/2022 Live Update

Post by jademann »

Im out. time to take a break.
My comments were dictated to me by homie the clown
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BullBear52x
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Re: 12/22/2022 Live Update

Post by BullBear52x »

Falling wedge, when it fails it fails in a grand style.
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JFR
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Re: 12/22/2022 Live Update

Post by JFR »

ES 5 minutes.

Down beneath S2. Trying to find some support.

2022-12-22_09-33-54.png
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Cobra
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Re: 12/22/2022 Live Update

Post by Cobra »

Consolidation, bias still is down.
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Ratbastrd
Posts: 168
Joined: Tue May 31, 2011 3:32 pm

Re: 12/22/2022 Live Update

Post by Ratbastrd »

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
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Joined: Sat Sep 08, 2012 5:27 pm

Re: 12/22/2022 Live Update

Post by jack black »

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
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Re: 12/22/2022 Live Update

Post by BullBear52x »

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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BullBear52x
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Re: 12/22/2022 Live Update

Post by BullBear52x »

Forget chart patterns, follow the trend. the market is way too bearish.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Al_Dente
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Re: 12/22/2022 Live Update

Post by Al_Dente »

Intraday
approximately 87% of stocks are declining
approximately 87% of volume is in declining stocks
Screenshot 2022-12-22 114631.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Ratbastrd
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Re: 12/22/2022 Live Update

Post by Ratbastrd »

Green by EOD?
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BullBear52x
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Re: 12/22/2022 Live Update

Post by BullBear52x »

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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Trades w 2 Cats
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Re: 12/22/2022 Live Update

Post by Trades w 2 Cats »

The drop today has made the alternate Elliot Wave count (more down ahead) the Primary.
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Cobra
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Re: 12/22/2022 Live Update

Post by Cobra »

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
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Re: 12/22/2022 Live Update

Post by JFR »

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.
2022-12-22_11-26-08.png
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BullBear52x
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Re: 12/22/2022 Live Update

Post by BullBear52x »

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.
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merryme
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Re: 12/22/2022 Live Update

Post by merryme »

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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Trades w 2 Cats
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Re: 12/22/2022 Live Update

Post by Trades w 2 Cats »

^SP500 (Daily) 2022_12_22 (1_44_28 PM).png
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).
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