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ErectoPeentrounus t1_j2dh0s9 wrote

Reply to comment by DaddyDersch in 12-30-22 SPY/ ES Futures and Tesla Weekly (and yearly) Market Recap and Analysis by DaddyDersch

I mean markets do what they want regardless of data, data is a good excuse. If they set us up intentionally for a miss then it would be a good bet to see markets need and excuse to tank. Thing is they can’t run the whole “pivot” talk anymore since dot plot was released and first cut is confirmed by years end. So nothing sooner will be priced in. Now we will start worrying more about a recession and suh

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DaddyDersch OP t1_j2dkr0g wrote

Gotta see what consensus comes in at. We could definitely get set up for a dump. But im not expecting that just yet. But we shall see.

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ErectoPeentrounus t1_j2dmi57 wrote

yea this next year is tough ngl. February and march are easy to guess as dumps. January is the dice roll since there’s a wide range of how far it can pull back.

Kinda curious since I know u keep track of data but how often are the JPM collar targets reached by the stock are some point during the quarter.

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DaddyDersch OP t1_j2dmndb wrote

Looking at previous collars from this year... the week after is usually a consolidation week. Then the week after that starts the move and that move usually lasts about 7 weeks.

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ErectoPeentrounus t1_j2dnbrc wrote

Interesting. FOMC on feb 1st so I wonder how that will turn out. I just need a ~300% to get my portfolio back. Shits been painful

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