Posted by fredsaid on 25th of Jan 2022 at 10:04 am
Agreed. As stated and based on the related tweet that was
shared with the other bear rallys - we can expect at least 1 and
maybe 2 more Bear market rallys like it this year. Imagine
what happens if MSFT misses or is just in line ? AAPL would be so
juicy around $120 :)
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ES Globex Range 4319-4406.75 Yesterday was
Posted by steve on 25th of Jan 2022 at 08:54 am
ES Globex Range 4319-4406.75
Yesterday was one of only 3 times (others in 2008) that SPX/ES recovered from such a deep percentage loss. They occurred during bear market rallies
Support 4320-30 then 4280 (if this fails retest of lows likely)
Continued bounce upside targets 4430 4460 (note 4380/90 in route)
ES
Posted by steve on 25th of Jan 2022 at 02:24 pm
Into the 4380-90 zone from this morning
ES managed to hold secondary
Posted by steve on 25th of Jan 2022 at 10:50 am
ES managed to hold secondary support and rally - that now becomes critical support
I think support held today
Posted by dakotadj on 25th of Jan 2022 at 11:05 am
I think support held today at .618 retrace of yesterdays rally off the lows ?
Agreed. As stated and based
Posted by fredsaid on 25th of Jan 2022 at 10:04 am
Agreed. As stated and based on the related tweet that was shared with the other bear rallys - we can expect at least 1 and maybe 2 more Bear market rallys like it this year. Imagine what happens if MSFT misses or is just in line ? AAPL would be so juicy around $120 :)