I was VERY bearish this whole week. Burnt me many times. The bearish momentum just isnt there

Agreed. Its really annoying how short sighted this market is... just like back in march. We didnt hot straight 100bps hikes which is what we needed. Now look at us.

Me too

i believe that speech is exactly what caused the last two days of red and has bumped the likelihood of a 75bps from 20% to about 34% as of close...

i agree that the markets are way too dovish... i am just waiting for the CPI that misses that sends us truly spiraling.

so if its a daily level i like to see the daily candle close below it.... but intraday i use the 15min candle as my trend candles to follow... so say 180 is daily support on tesla... if the 15min breaks through that i consider it broken and eye the next major support.

falling wedge resistance is 184.6 tomorrow

fuck apple is my only real thoughts... lol

i still believe the move could be coming but i dont like the relative strength i am seeing and we are nearing that resistance line... tomorrow will be telling honestly

390.1 is a major support to watch for a bounce at

i wanna smack whoever started this pause/ slowing of rate hikes bullshit.

i do enjoy it thats for sure

Yeah that markets really does hear what it wants

I dont hate that idea

15-30 min would be good... i hadnt really weighed that myself but i might do a small one

true but people said that about jackson hole and boy did he let the markets have it... a lot of people dont realize it but the fed minutes were NOT bullish at all... it was very hawkish and even jpow last fomc was still very hawk but market didnt listen.... again

most volatility would come at speech time so personally IF thats the route you chose then i would do it right before the speech to prevent and decay.

i bought puts cause even if im wrong tomorrow i feel pretty confident that by thursday (i bought 3dte) and friday (4dte for tesla) that my puts would be green

i think the speech wednesday dependign on what questions are asked could be huge

i can promise you i dont see any courses. and i post this here and other subs cause i know it benefits people.

could even hit 173... IF jpow fucks us