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04/22/2021 Live Update

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BullBear52x
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Re: 04/22/2021 Live Update

Post by BullBear52x »

Cash SPX Fib, Another well played on the failed move on range trade.
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merryme
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Re: 04/22/2021 Live Update

Post by merryme »

Syrian missile lands near Dimona nuclear reactor, interception fails
SA-5 flies from Syria all the way to Negev in the longest-range attack yet by Syria; Patriot missile activated in response.

https://www.jpost.com/breaking-news/ala ... ael-665953
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Al_Dente
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Re: 04/22/2021 Live Update

Post by Al_Dente »

So who wants to pay 43.4% Capital Gains Tax?
But, as if traders weren’t crazy enough: watch tomorrow for a “clarification” that says 43.4% tax is only for folks making $xxxx,
and it will be much lower for us peons with $xxx cap gains
I’m back to my minimum down target to fill the gap at 4024-4032, or deeper to a -6% correction to 3940-ish
Daily
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Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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JFR
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Re: 04/22/2021 Live Update

Post by JFR »

SPY 15, extended hours. Drama. In nowadays environment, not really. The rich gotta pay their share.

2021-04-22_11-06-47.png
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BullBear52x
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Re: 04/22/2021 Live Update

Post by BullBear52x »

1-2-3 pattern will not confirm until new LL.
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Al_Dente
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Re: 04/22/2021 Live Update

Post by Al_Dente »

COBRA: IS THIS TRUE ?
Someone posted the other day: “Cobra’s rule: support fails at 4th touch.”
Anyway look at SPX approaching the "4th touch" quad bottom, and the other double/triple bottoms here
15min
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Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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JFR
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Re: 04/22/2021 Live Update

Post by JFR »

Dow 30, started by Charles Dow. A sea of red. At the borrom, Dow Holdings, founded by Herbert Henry Dow, as Dow Chemicals.

2021-04-22_11-12-56.jpg
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BullBear52x
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Re: 04/22/2021 Live Update

Post by BullBear52x »

I am holding over bear lot in anticipation of 1-2-3 pattern. Peace!
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JFR
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Re: 04/22/2021 Live Update

Post by JFR »

ES daily. The large bars are fighting it out. Meantime, it is forming a base, above the EMA 20, and below the previous high.

2021-04-22_11-24-06.png
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Cobra
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Re: 04/22/2021 Live Update

Post by Cobra »

Guess I'll see you at EMA20.
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Al_Dente
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Re: 04/22/2021 Live Update

Post by Al_Dente »

tax chatter:
"The devil will be in the details -- will it be retroactive to January 1 of this year and then you wouldn’t need to sell right away? Will it be the beginning of next year? That all begs the question, will it get passed? With taxes especially there’s a lot of horse trading before the final deal. There are a lot of moving parts. One thing investors can be sure of is that taxes are going up and we have to at least partially pay for all the money we’ve been spending on stimulus."

"... none of this actually applies to the rich who invest via hedge funds which are offshore tax entities"
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Cobra
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Re: 04/22/2021 Live Update

Post by Cobra »


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JFR
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Re: 04/22/2021 Live Update

Post by JFR »

SPY 5. Some key levels from Volume by Price. Have a good afternoon/evening.

Cobra, thanks for hosting.

2021-04-22_12-40-56.png
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Cobra
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Re: 04/22/2021 Live Update

Post by Cobra »


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Cobra
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Re: 04/22/2021 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

Thank you guys, I'll see you in another thread soon.

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