48 replies to this topic

[12SPX]

Okay about to play my second tennis game but so far my average short now is 3063!  Surprised it came back,,, turnaround Tuesday!!!  

[dTraderB]

1 point profit brother, trying it again with a short build starting at 3050.75!  

well, a point profit is better than a loss! 
I went in with 5 ES long during the final half hour as the existing day's high was taken out and closed with a few points profit. 

I still prefer NQ  and will revert to that. 
Added 3 more SPY PUTS

I will be very hesitant to short this market on a ST basis. I don't feel confident shorting this FED-backed rally

[12SPX]

Dang stopped out again while playing at 3060 for a 3 point profit.  See how the night session goes but so far have my sell is at 3076!  Will add if it keeps going up!  One of these days it'll stick lol!!   

[12SPX]

Well this was interesting to wake up to, now my average short on the ES is at 3085!  Nice round number, we'll see what happens for the rest of the day, markets looking tired as that pop yesterday was on nothing.  Might have to hang onto this one for a bit but would love a nice pullback to start trading long again! 

[12SPX]

Adding to my sold June calls to 3120 now at $35, 3150's still about the same $26! 

[dTraderB]

LONG bias after yesterday's close was above SPX 3072

Trading NQ in SIZE 8 to 10 lots

A bit choppy and narrower range than overnight when the pajama traders got the best of the rally

 

SPX could top before 3150 but only a minor pullback.... unless something significant stops it .

 

Yes, above SPX 3000 is bubbly and fizzy with a IT top quite possible but this phase could last for days and tack on another 100 SPX points. 

[12SPX]

I could agree except 11 days into this expiration cycle and were already up 8% which is a rarity so it will be interesting going forward, I'll be surprised if we don't start slowing down here at least until the 19th, very curious to see how we end the week.

[12SPX]

Come on 3100 lol!  Average short now 3089!! 

[dTraderB]

LONG bias after yesterday's close was above SPX 3072

Trading NQ in SIZE 8 to 10 lots

A bit choppy and narrower range than overnight when the pajama traders got the best of the rally

 

SPX could top before 3150 but only a minor pullback.... unless something significant stops it .

 

Yes, above SPX 3000 is bubbly and fizzy with a IT top quite possible but this phase could last for days and tack on another 100 SPX points. 

 

 

Same as above, keeping LONG BIAS unless SPX closes below 3K

Now holding 57 SPY PUTS

 

Mainly NQ 8 and 10-lots yesterday - long & short 

but ES would have been better to trade 

 

SPX could still trade 3150 today or early next week but this bubbling and fizzing is almost over and market will drop in a day or two. 

[12SPX]

We're pretty stretched according to my expiration cycle so we'll see, think volatility is gonna kick up here!  Just got kicked out of my profit short for a 7 point profit at 3000, looking to start reshorting higher again...