{"id":61804,"date":"2022-06-13T09:25:20","date_gmt":"2022-06-13T13:25:20","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=61804"},"modified":"2022-06-13T09:25:20","modified_gmt":"2022-06-13T13:25:20","slug":"scott-redler-dog-bytes-watch-2022-lows","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2022\/06\/13\/scott-redler-dog-bytes-watch-2022-lows\/","title":{"rendered":"Watch the 2022 Lows – They Are Everything"},"content":{"rendered":"

SPX<\/strong> futures are -90 handles. On Thursday, the index broke 4073 which meant risk-off and time to get short. Friday gave downside follow-through with a low of 3900. We'll see if the 2022 low of 3810 tries to hold at first kiss into the Fed Wednesday.<\/p>\n

This is Day #3 down and the oscillator will be at -60 so it\u2019s hard to press shorts in the morning. For tactical buys, I\u2019d use 5-15-30 minute lows with signals.<\/p>\n

I\u2019ll focus on\u00a0SPY<\/b>,\u00a0QQQ<\/b>,\u00a0AAPL<\/b>,\u00a0AMD,<\/b>\u00a0and\u00a0TSLA<\/b>. I\u2019m glad we\u2019ve prioritized cash and taken risk down this year. We\u2019ll stay prepared and try and net money short-term. Longer-term, there will be other opportunities.<\/p>\n

 <\/p>\n

\"\"<\/p>\n

TSLA<\/strong> lost special status months ago. Last week it did a Red Dog Reversal sell around the $749 pivot and hit a low of $683 Friday. It announced a 3 for 1 stock split. That wasn't new news though. I kept some from buying it Friday. We'll see if it shows some relative strength for a cash flow long vs. a 5-15-30 minute low. $655 is support. The 2022 low is $620.57 and is very important. There might be an opportunity there but chances are the stock goes lower this summer.<\/p>\n

AMZN<\/strong> gave many a 25% move off the lows heading into the split. Then it gave a sell signal when it broke above $125.61 and failed. Some got short as it lost the $120.63 area. I\u2019d cover some this morning. We'll see how it handles the $101.26 2022 low. I've avoided it the past few days. I will look for a signal today.<\/p>\n

AMD<\/strong> got us out around $102 when it showed it's not special in a weak market. See how it handles the $89 area, or if there's a trade vs. a 5-15-30 minute low.<\/p>\n

META<\/b>\u00a0broke $194 with force to get some out of leftover longs and other short. I\u2019ve avoided it. $169 is the 2022 low of the year to watch today.<\/p>\n

Scott's Positions Disclosure:<\/strong><\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

SPX futures are -90 handles. On Thursday, the index broke 4073 which meant risk-off and time to get short. Friday gave downside follow-through with a low of 3900. We’ll see if the 2022 low of 3810 tries to hold at first kiss into the Fed Wednesday. This is Day #3 down and the oscillator will be at -60 so it\u2019s hard to press shorts in the morning. For tactical buys, I\u2019d use 5-15-30 minute lows with signals. I\u2019ll focus on\u00a0SPY,\u00a0QQQ,\u00a0AAPL,\u00a0AMD,\u00a0and\u00a0TSLA. I\u2019m glad we\u2019ve prioritized cash and taken risk down this year. We\u2019ll stay prepared and try and net money short-term. Longer-term, there will be other opportunities.   TSLA lost special status months ago. Last week it did a Red Dog Reversal sell around the $749 pivot and hit a low of $683 Friday. It announced a 3 for 1 stock split. That wasn’t new news though. I kept some from buying it Friday. We’ll see if it shows some relative strength for a cash flow long vs. a 5-15-30 minute low. $655 is support. The 2022 low is $620.57 and is very important. There might be an opportunity there but chances are the stock goes lower this summer. AMZN gave many a 25% move off the lows heading into the split. Then it gave a sell signal when it broke above $125.61 and failed. Some got short as it lost the $120.63 area. I\u2019d cover some this morning. We’ll see how it handles the $101.26 2022 low. I’ve avoided it the past few days. I will look for a signal today. AMD got us out around $102 when it showed it’s not special in a weak market. See how it handles the $89 area, or if there’s a trade vs. a 5-15-30 minute low. META\u00a0broke $194 with force to get some out of leftover longs and other short. I\u2019ve avoided it. $169 is the 2022 low of the year to watch today. Scott’s Positions Disclosure:<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-61804","post","type-post","status-publish","format-standard","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/61804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=61804"}],"version-history":[{"count":1,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/61804\/revisions"}],"predecessor-version":[{"id":61811,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/61804\/revisions\/61811"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=61804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=61804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=61804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}