4050 print before Thanksgiving dinner, yes?
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
For what it's worth - the last three Fridays following Thanksgiving have been fairly weak with the main move being down.
The market have had ample opportunity for a push above 4040, but have failed repeatedly. ES not even able to fill the gap from Wednesday on that initial thrust and NQ leading lower.
Looks like a pullback to 4K to me.
Now, watch us rally. LOL.
Looks like a pullback to 4K to me.
Now, watch us rally. LOL.
Possibly, but I think we have one more little push to go.
Could be.
I'm on the fence tbh.
Too many factors near term we're not privy too.
2900-3200 looks like a healthy pullback, chart-wise it's almost a given.
But I agree with what you say. When things seem too obvious, they usually are until the clock runs out.
Are we there yet?
Ahhhhh---- probably yes.
A part of me wanted to post on Stoney's thread that today marked the 2022 high >>> going forward that is.... but at the same time one can't underestimate the power of dumb money.
Way back in late July I said 4474 would be hit by years end. That was based on a pure contrarian chart play to take the most money from the most people.
It's not looking like a good call at this point that's for sure.
But with that said, there is still upside room to at least come close.
If 4400+ does in fact hit, it would not surprise me.
See, there's more here than you and I understand. Or at least I. The verdict remains out on you lol.
America remains the safest place in the world, for the most part, to park money for a return exceeding the bellwether safe-havens. Even if it's an ADR or an ETF investing in say... Brazil. Or Vietnam. Or wherever. Sharp stock-pickers can still clean up.
Russia is the wild-card. The unknown unknown.
Short squeezes across an index can be a bitch.
And make no mistake, if Putin gets taken out tomorrow, we'll see the short squeeze to end all short squeezes.
But if he doesn't die, and perhaps lobs a nuke, watch out below. No squeeze will happen. But that's an extreme in the "what if" column.
Imo at least, the water has not yet found its level.
So aside from the long term, the all knowing, algo-math will continue to bleed money from the unwise.
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2900 - 3200 is not a healthy pullback, that is a crash from this level.
The 2022 high was ~4800.
Your predictions here are all unhealthy. But I like the paleo diet. MEAT!
Could you post a larger pic next time? Even on my largest screen I had to squint to see what that fun pic said.
They are attracted to UV, which is basically how invisible you are tonight. I cannot see you because I am all meat-eating. I am vaccinated from dengue! Viva-le Mosquite!
Yeah no sh*t... did you however miss the fucking part about:
>>> "going forward that is". >>> ?
God you're fucking annoying.
Going forward, the 2022 high will not exceed 4800. Confused on why you annoyed?