Comments on: Hot CPI Keeps The Downtrend Alive

By: JimG

JimG — Thu, 13 Oct 2022 17:07:47 +0000

Initial tag of up trend line on QQQ… Spy hit 1st long term target 354 ish. No fear spike in VIX. Bounce yes.. reversal… not likely.

By: jmccallum

jmccallum — Thu, 13 Oct 2022 15:51:25 +0000

thought this was interesting FWIW

By: jmccallum

jmccallum — Thu, 13 Oct 2022 15:50:35 +0000

In reply to Jeff Vandenburgh. noticed that too

By: Jeff Vandenburgh

Jeff Vandenburgh — Thu, 13 Oct 2022 15:37:55 +0000

After a complete reversal and the S&P futures erasing all of the CPI downside and now actually pushing above the overnight highs, have your opinion changed at all about your downside projections. Also of note is that the QQQs hit their 61.8% retracement of the March 2020 lows.

By: trade0039

trade0039 — Thu, 13 Oct 2022 15:29:58 +0000

Market is doing a U turn here! Not looking good for the BEARS!!! Any thoughts Randy???

By: HermonMunster

HermonMunster — Thu, 13 Oct 2022 15:09:08 +0000

Interesting bounce in the first hour. I wanted to buy SPY calls at the open so bad, but I’m staying away from trading during amateur hour. Discipline offers protection. I’ll catch the next wave