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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 (69794)	9/20/2022 5:33:29 PM
From: Sun Tzu	2 Recommendations Recommended By ajtj99 towerdog Read Replies (1) \| Respond to of 97654

We may both end up sleeping next to Jacob's dogs :-/

To: ajtj99 who wrote (69794)	9/20/2022 6:40:01 PM
From: Sun Tzu	3 Recommendations Recommended By ajtj99 Mevis towerdog Read Replies (1) \| Respond to of 97654

I don't see why NDX should not open gap down tomorrow by say 100 - 150 points. This puts it in the 11700 range. The question is what will happen post announcement. If the Fed spooks the market, 11250 range seems like a quick run, and ultimately 10500 region. But if the market likes what it hears from the Fed, then it becomes interesting. A run up to 12500 area seems reasonable. And a run up to ~13k will entice me to fight the tape. So the initial payout (from the close today) is 600 for the shorts / 650 for the longs. It's pretty evenly split.