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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (58640)5/2/2022 2:02:44 PM
From: ajtj99  Read Replies (1) | Respond to of 97958
 
AAPL has been making a series of lower lows. The next one may come in around $147.50:

schrts.co

That may turn the entire market around.



To: ajtj99 who wrote (58640)5/2/2022 2:35:08 PM
From: Lee Lichterman III2 Recommendations

Recommended By
ajtj99
kimberley

  Respond to 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.