Trying a long here at 3223 see what happens.....
The Bull Market Stalls At Overhead Resistance
#111
Posted 23 July 2020 - 01:13 PM
#112
Posted 23 July 2020 - 01:13 PM
xlf still above 24, not buying unless below 23.5
and still holding remnants of large SPY PUT position, 16
all red but still has time until SEP expiration to recover as much premium as possible, or even a profit is SPX low 3K and lower is traded, hardly likely
#113
Posted 23 July 2020 - 01:14 PM
Took the rest off at 3230 for a profit of 40 points but I know doesn't really count I know, getting tempting to go long here!!
long???
well, dip buyers could come in
#114
Posted 23 July 2020 - 01:27 PM
Average long now 3219, profit stop 3220!
#115
Posted 23 July 2020 - 01:35 PM
Profit stop 3224!
#116
Posted 23 July 2020 - 01:38 PM
Out for 5 points, got my 22 points for the day, onto tennis!!
#117
Posted 23 July 2020 - 02:05 PM
Out for 5 points, got my 22 points for the day, onto tennis!!
you were right, again!
#118
Posted 23 July 2020 - 02:06 PM
pause for a minute or so to see if this bounce can go much higher -- jump on the trade whichever way it goes
#119
Posted 23 July 2020 - 07:15 PM
Adam:
Ugly combination of technicals today for #ES_: We made a new high to 3280, set a bearish RSI divergence as posted, then lost the new high and dropped.
Bulls testing key 3230-35 breakout zone and need to rally hard & hold it to keep 3320 in play. If this fails 3150 next down $SPX
#120
Posted 24 July 2020 - 07:23 AM
Love this volatility, second day of overnight outrageous fills, average long 3210, profit stop 3213. Feel good friday, 8.5 billion pomo should help to support the market for now!!