Member
Posted 11 June 2020 - 01:23 PM
Coming into first big target zone...5 min 900 at around NDX 9690...
If that does not hold, and looking at various things, could be less than 50/50, then things could start to get really ugly short term.
5 min 900 bagged and tagged... now we see if bulls can mount a defense, or it just slices right on through...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 11 June 2020 - 01:25 PM
2:30 eastern often time is a turn window...see if bull can pull it off or not....
In any event, looks like enough damage has been done that this is highly unlikely a 1 and done on daily chart.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 11 June 2020 - 01:48 PM
2:30 eastern often time is a turn window...see if bull can pull it off or not....
In any event, looks like enough damage has been done that this is highly unlikely a 1 and done on daily chart.....
we need a panic 5 minute bar before we can get any hourly washout. Relentless dip buying all day. No fear yet.
Edited by CHAx, 11 June 2020 - 01:49 PM.
Member
Posted 11 June 2020 - 01:54 PM
Got my average down to 3028 now see what happens this final hour!
Member
Posted 11 June 2020 - 02:18 PM
nvm
Edited by CHAx, 11 June 2020 - 02:20 PM.
Member
Posted 11 June 2020 - 02:29 PM
nvm
We should see some washout into the close, if not, than margin calls in the AH. Looking to close 1/2-3/4 of my short.
Member
Posted 11 June 2020 - 02:43 PM
starting to look like 30 min 200 may hold after all...
If so, may see bounce tomorrow...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 11 June 2020 - 02:44 PM
Ok figured there would be a bounce at 3000, average now down to 3022!!
Member
Posted 11 June 2020 - 03:01 PM
Nope....now further damage without bounce more possible...
Although a bounce back towards 9840-60 area would not surprise me...
Edited by K Wave, 11 June 2020 - 03:02 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 11 June 2020 - 03:05 PM
AAPL at the cliff edge.....
Trap door opened
lets see if they can play catchup on NQ. 9600 is a bit of a fantasy at this moment, but doable if they can get the rest of the fliers to give up intraday.
Half Out 9595 NQ.
Full out ES 3005
What. a. day.
Just shy of 500 NQ points, and just shy 200 ES points in 24 hours.
Holding quarter position in NQ into tomorrow. Looking to short another quarter position on significant rally into Asian/ European markets.
edit: had a small RTY position mentioned on accident. doesnt matter.
Edited by CHAx, 11 June 2020 - 03:07 PM.
