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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99
kimberley
To: ajtj99 who wrote (58640)5/2/2022 2:35:08 PM
From: Lee Lichterman III2 Recommendations   of 97958
 
Yes, I was a bonehead and didn't even set my target for entry and just looked at my SPX chart and saw the same thing. Probably a couple more days down and an entry around 83ish on SPXL at the soonest and lower on the likely overshoot though if we keep going like we are, we could get there today or tomorrow morning.
I also looked at the 4 week down history. There were some 5-7 weeks in a row going back to 2000. 7 seemed to be the limit. Of course none of that was rate hikes and QT running at the same time. We're in uncharted waters here in that regard.
Just started raining again. I'm taking a nap.
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