Is the Bear market that began January 2022 over?

Discussion in 'Trading' started by margin_gamble, Aug 3, 2022.

Is the Bear market that began January 2022 over?

Poll closed Aug 18, 2022.
  1. Yes

    12 vote(s)
    23.5%
  2. No

    29 vote(s)
    56.9%
  3. Don't know

    11 vote(s)
    21.6%
Multiple votes are allowed.

  1. So nice to se theMickey make an unambiguous call, i.e. no waffling. Well done! :)
     
    #711     Aug 30, 2022

  2. I expected a bigger start that's why I went Long at close yesterday. I'm not pleased with this slow start. Moved QQQ Stop to just above breakeven at 304.68
     
    #712     Aug 30, 2022
  3. Stopped Out!
     
    #713     Aug 30, 2022
  4. nitrene

    nitrene

    Good call by you.

    Looks like ES is in free fall now. 3900 is inevitable and that is the Fibonacci retrace from the June low to last week's high.
     
    #714     Aug 30, 2022
  5. Pekelo

    Pekelo

    Those 4 upgaps of the last 2 months will be closed by mid-October...
     
    #715     Aug 30, 2022
  6. KCalhoun

    KCalhoun

    Bears win again, mkt did exactly as I said, open up close down. :D
     
    #716     Aug 30, 2022
  7. If you can do that every day, after 30 years, you would be a very rich man. Why do you, still, trade a small account, with tiny profits,
    Ken Calhoun 20,22
     
    #717     Aug 30, 2022
    KCalhoun likes this.

  8. Excellent call, Ken. Yes, it did exactly as you stated. :thumbsup: :thumbsup::D

    I guessed rally so I could Long and then shorting top of rally. Wrong! No luck. No trade. Flat.
     
    #718     Aug 30, 2022
    KCalhoun likes this.


  9. Sorry, tried and failed. As is obvious, I really did expect this rally to 38.2% so I could stick in a juicy LONG ad then hammer the top of rally to nail the continuing BEAR leg down. Dow, SPX & Qs all at 50% retracement of the bear rally June to august top. Better luck tomorrow
     
    #719     Aug 30, 2022
  10. see post #719 above ................ I was expecting this move as an alternate count which I had not ruled out completely. It was 50/50 odds but I thought what if? ............

    posted this several days ago that the Market would do this to complete the bear rally that began June 16.



    [​IMG]
     
    #720     Aug 30, 2022
    Darc likes this.