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Misc Stock Market

Next place of interest for me on the Dow is at 32k, to backtest the breakout out of the 2017-2020 range.

It is the reason why yesterday didn't go as I wished. The low can actually be in for the S&P and the Nasdaq as of midafternoon yesterday but the last thing that was needed was a Dow close under 34k.

Unless the Dow can push over 34k with some strength, the next tap at 426 for SPY is going to break through (and maybe today) and the 1/24 low won't hold (426 is really the spot of interest, since there hasn't been a close under that in several months and there has mostly been bounces there).
 
ES 4260 is holding so far. It's been hit several times past few weeks.

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The 7 figure put bets placed today in the Q's. ?‍♂️


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My 12 year old could do better TA in today's enviroment than most "professionals". Unprecedented times. Better have trailing stop losses in place for the real bubble bursting.
 
Everything I have is red today except MRO and the call spread I sold on SPY for a whopping $13 ?
 
Scalped it. .32 to .40 in a blink. What’s next? Let’s see if I can force a trade and end the day red now
 
50wema broke again this week for SPY...we get a weekly close below the 50wema it's likely heading to the 100dema....current $400.

I can't imagine this dropping all the way to the 200wema of $353.

Screen Shot 2022-02-23 at 2.32.29 PM.png
 
50wema broke again this week for SPY...we get a weekly close below the 50wema it's likely heading to the 100dema....current $400.

I can't imagine this dropping all the way to the 200wema of $353.

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3756 by the time Powell speaks to go -26ish% in 10 weeks and erase all of 2021.

It will be a major bear trap.
 
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