Jump to content



Photo

Covered NQ short


  • Please log in to reply
26 replies to this topic

#1 .Blizzard

.Blizzard

    Member

  • Traders-Talk User
  • 1,208 posts

Posted 12 May 2020 - 05:07 PM

At 9036 +290 points

9326 Swing trade
 
Target 9050


 
 
 


#2 K Wave

K Wave

    Member

  • Traders-Talk User
  • 25,937 posts

Posted 13 May 2020 - 07:06 AM

NQ bounced right on 15 min 900 at 9K overnight....

 

15 min 200 MA at around 9200 could be bounce target before turning back down.

 

IF/When that 15 min 900 gets taken out, that would be when more serious decline would become much more likely


Edited by K Wave, 13 May 2020 - 07:08 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#3 K Wave

K Wave

    Member

  • Traders-Talk User
  • 25,937 posts

Posted 13 May 2020 - 09:38 AM

Just improved NQ swimg short position by 200 handles after covering last night at 9K and re-shorting now.

 

Short at equivalent of over 9500 now on the swing position


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4 K Wave

K Wave

    Member

  • Traders-Talk User
  • 25,937 posts

Posted 13 May 2020 - 09:43 AM

RUT still pathetically weak...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#5 K Wave

K Wave

    Member

  • Traders-Talk User
  • 25,937 posts

Posted 13 May 2020 - 09:49 AM

Dow may have just seen it last back test of 23700 for awhile....

 

If does come back above that level, then could be first warning sign that bears not quite ready to take things down yet in a meaningful way....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#6 linrom1

linrom1

    Member

  • Traders-Talk User
  • 3,957 posts

Posted 13 May 2020 - 09:53 AM

Extremely bearish action in NQ as I see it. Momo monkeys jumped right in. They should kill them later.



#7 K Wave

K Wave

    Member

  • Traders-Talk User
  • 25,937 posts

Posted 13 May 2020 - 09:55 AM

SOX coming back down to that all important 1720 level once again.

 

IF it fails to hold, then bears have likely taken the ball back for the swing term...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#8 K Wave

K Wave

    Member

  • Traders-Talk User
  • 25,937 posts

Posted 13 May 2020 - 10:08 AM

Big 5 still holding up pretty darn well...

 

Unless they start to crack pretty soon, bears may not have what it takes yet....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#9 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,216 posts

Posted 13 May 2020 - 10:15 AM

I'm giving it a shot at long 2845, thinking or maybe hoping for a green day lol!!



#10 K Wave

K Wave

    Member

  • Traders-Talk User
  • 25,937 posts

Posted 13 May 2020 - 10:23 AM

AAPL finally slipping a bit...

 

FB fresh lows.

 

so far so good


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy