Average sell now 3135!!
another great trade! take some off the table!
Posted 23 June 2020 - 03:30 PM
Average sell now 3135!!
another great trade! take some off the table!
Posted 24 June 2020 - 06:51 AM
big size NQ TRADES this morning
Posted 24 June 2020 - 07:25 AM
Whew what a day yesterday, tennis, hike, tennis, you'd think I was 20 again, good thing we got rained out in the end lol! This has been the first time in quite awhile I didn't put any stops on overnight cause this market just feels heavy. I'm even going to wait till after the open to put a stop on as just the odds of the Nasdaq staying up again for another day is getting tough, you cant go up forever without at least few hour break lol!!
Posted 24 June 2020 - 07:54 AM
Posted 24 June 2020 - 08:06 AM
I love David Larews charts on the put/call ratio and wow its like February again! Also like his report on Fed injections which has the next two days at nothing so odds are it'll be down so my stop is gonna stay tight I think! Gonna maybe even add some and for the first time in awhile it'll lower my average!!!
Posted 24 June 2020 - 08:49 AM
Put/Call Ratio 21d hit the second most overbought in 20 years, exceeded the January peak, and *turned down*.
If history is a guide, this could add significant risk for an important top in Equities.
Odds are growing for a sharp correction into Q3 magnitude to be determined. https://t.co/9aNu3EzRxd
That's confusing terminology. The put/call ratio chart is inverted so it's oversold if anything.
Posted 24 June 2020 - 10:01 AM
closed 9 qqq puts
will reopen higher
Posted 24 June 2020 - 11:00 AM
Hmmm starting to think of a profit stop on my 3135 ES sell but only half at 3040!
Posted 24 June 2020 - 11:41 AM
Ok 95 point profit not bad to sneeze at. We'll see about selling higher or just sit on the remaining.
Posted 24 June 2020 - 12:41 PM