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


To: Lee Lichterman III who wrote (74112)11/20/2022 4:18:05 PM
From: Jacob Snyder3 Recommendations

Recommended By
ajtj99
Lee Lichterman III
towerdog

  Respond to of 98418
 
SPX 3600-4100 (your guess) is close to the current range, of the 25dma +/-7% band SPX has been in since the ATH. I would not be frustrated at all, to just continue trading that range till the Fed pivots…..in 2024.

I don’t think companies have any choice about onshoring. The geo-political situation demands it, no matter the cost.



To: Lee Lichterman III who wrote (74112)11/21/2022 9:28:47 AM
From: Lee Lichterman III1 Recommendation

Recommended By
Sokka

  Respond to of 98418
 
Looks like we are going to open at the .618 retrace level of the overnight drop. VIX and Dollar up so I am not going to trust the bounce since 5 AM too much in the early going.