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PCE Core, in particular, is what Powell watches.

Off a cell splains a lot about OP "curious" topics.

No, not $5 per share uhhh puff, puff $4.20 per share. :D

You must have missed this part:- "That's ok keep doing what you are doing, if it is working."

You danced around my ** there is no such thing as oversold **. :) That's ok keep doing what you are doing, if it is working. One day though you will come to the realization of what I am saying.

Because you believed it was ... oversold. It doesn't exist. You and others bought, and yet it went down further. What does that tell you? And please don't say you were wrong about it being oversold at that point. Price went down so it can be anything else than some thought it wasn't...

That train left the station a week ago today when $SPX wave# 4 closed below the wave#1 low or overlapped it which cancels any EW bull trend scenario and resumes the bear trend:-

My point about oversold (in quotes) is I don't believe in the OB/OS concept. Price is what it is. Market gurus and talking heads started that nonsense at some point in the past to explain what they have no idea about. Price is "oversold" yet continues to get more "oversold". At what point does...

But it was "oversold" not too long after RTH open, and look what happened since!!!

Elon bought them all. Good combo with ganja, so I'm told.

Noooo. :) Well maybe it gets a bounce near Nov 10th CPI low?

On days like this I use tick charts to enter waiting for momentum divergence. Then use 1 minute to monitor progress.

Could be done in Excel but I can't think of a reason why I would want to do it. Especially for a couple of hundred symbols. :wtf:

Like you did META or was it AMZN ... or even both? Don't remember. Why buy now when all kinds of chit are dropping? Plenty of time to buy in the future at lower prices.

ARKK New LOY once more. Cathie better make sure she is @ Midnight Mass this year.

New LOY again.

No worries, I find other markets (like GC yesterday ... and today) to go short while waiting on indices. The trend, the trend, the ... :thumbsup:

Certainly no reversal but down continuation accelerated in indices, currencies, crude and treasuries.

Dynamic Trading by Robert C Miner - which actually after 20+ years he just came out with a new updated 2nd edition. Bar none best trading book (1st edition) I ever purchased. Not cheap just under a $100 but worth it many, many times over. Time/Price/Momentum/Pattern all common sense, practical...

I forget which trading book I read a quote something to the effect of "Every player in a Casino has a system" or maybe it was "Every Casino was built on customers with a system"?