Been watching this. May form

    Posted by johnny2012 on 30th of Sep 2022 at 11:55 am

    Been watching this. May form a right shoulder for a head and shoulder top. Nq 5 min. 

    Update: sold down pretty good

    Posted by johnny2012 on 30th of Sep 2022 at 12:33 pm

    Update: sold down pretty good from that wedge. Could be forming the right shoulder. If it is a hs then measures down pretty good. 

    We bout to find out.

    Posted by johnny2012 on 30th of Sep 2022 at 01:10 pm

    We bout to find out. If this does play out. Measures down to around 11050 which would finally undercut June lows by 18 points. FYI. See if it breaks clean below 11200 first 

    Pow. Conservative target reached from

    Posted by johnny2012 on 30th of Sep 2022 at 01:48 pm

    Pow. Conservative target reached from the shoulder. If further downside 100 points to 11050. 

    Update: KAPOW!!!! Hit the target!!!

    Posted by johnny2012 on 30th of Sep 2022 at 04:02 pm

    Update: KAPOW!!!! Hit the target!!! And covered. 

    Attaboy !  Don't feel like

    Posted by fredsaid on 30th of Sep 2022 at 04:09 pm

    Attaboy !  Don't feel like we got the capitulation I was looking for.  Market certainly tried - got the Dow down to -500 but I really wanted -900.  Greeed haha.  

    Still holding some bear longs in case the green back falls apart over the weekend but I doubt it.  Expect the green back to get back on the horse and the hammer to fall on Monday. 

    A Fantastic Friday none the less.  Kuduos to the BPT boys !   Have a great weekend y'all !

    Here's Johnny   

    Posted by steve on 30th of Sep 2022 at 04:06 pm

    Here's Johnny   

    Yeah Baby... Let's make it

    Posted by fredsaid on 30th of Sep 2022 at 02:01 pm

    Yeah Baby... Let's make it Friday Flush !  Should set up a nice divergence and maybe a 2nd bear long entry.

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