Low for 2022 is in....

Discussion in 'Index Futures' started by Rickshaw Man, Jul 21, 2022.

  1. Heres the Rickshaw bull market in action

    upload_2022-7-21_16-19-36.png
     
    #31     Jul 21, 2022
  2. did you have the confidence to take action and get results from the drawing? what came of it?
     
    #32     Jul 21, 2022
  3. KCalhoun

    KCalhoun

    You've seen this happen before, right? Bear market rally sucks amateur dip buyers in before the selling continues.

    It's funny how soon traders forget the patterns. Just sayin'...

    Today I sold almost all remaining shares for long swing positions, cash is king.
     
    #33     Jul 21, 2022
    mikeriley likes this.
  4. yep. price came right back to the scene of the crime at 12550

    upload_2022-7-21_15-26-3.png
     
    #34     Jul 21, 2022
  5. you mean like this? 11,000 is holding for now...until its not.

    upload_2022-7-21_15-27-44.png
     
    #35     Jul 21, 2022
  6. KCalhoun

    KCalhoun

    Fading this, just bot UVXY SQQQ SOXS KOLD SCO
     
    #36     Jul 21, 2022
  7. ET180

    ET180

    Not sure what her bottom looks like, but she's got a pretty face.
     
    #37     Jul 21, 2022
  8. maxinger

    maxinger

    upload_2022-7-22_9-31-9.png


    You drew so many lines but you forget to draw the important descending trending lines (yellow color).
     
    #38     Jul 21, 2022
  9. So many people are at "bottom is in" level it's scary. They might be right, I don't know.
     
    #39     Jul 21, 2022
  10. Overnight

    Overnight

    I think there's a song for that...

     
    #40     Jul 21, 2022
    KCalhoun and ET180 like this.