Charts, charts and more charts

[counter_violent]

Speculative shorts entered from Friday close on Nas, just in case anything happens this weekend Ukraine/Russia. Nas is the weaker of the 3 indices by far, followed by S+P and the Dow lagging behind.

War threat seems to be the main driver of the falls, but it's not the only issue affecting the markets. Rampant inflation US side, weak leadership from Biden/ Harris and the Fed's reluctance to act decisively are all contributing to the declines.

On a brighter note, our hapless remoaner buddy Nick Clegg got a promotion this week at Meta. Needless to say, the share price collapsed again. So it's not all doom and gloom !

 

[counter_violent]

2be,

Lets have some chart analysis of your options expiry strat pls, so we can better understand what you see before and after the event.

 

[Artycharty]

Into the War zone

 

[Artycharty]

The War trade is Do we bounce from that Wide supp area.? And if so ,will it be a good/bad bounce..?

 

[Artycharty]

Mind you...we could go straight thru that supp area

 

[Artycharty]

Close up

 

[Artycharty]

Looks like GREEN wants to hold. Below that is a poss bear trap. First rez area marked

 

[counter_violent]

Mind you...we could go straight thru that supp area

Yeah, this is the problem. One event can blow the technical's out the water.

 

[Mumpsimus]

...One event can blow the technical's out the water...

...along with Kyiv?

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

Messy.....Big time# Downmove strted on 5th Jan.;;Needs penetration into that supp.Bear traps under 14760 area to begin with

 

[Artycharty]

Dig deeper

 

[Artycharty]

That RED line cluster looks like a wall of fire

 

[Artycharty]

Looks like it wants to pump that pivot area

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]