TSLA loses the big pivot....
may be about to start getting ugly there...
Posted 04 August 2020 - 10:26 AM
TSLA loses the big pivot....
may be about to start getting ugly there...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 04 August 2020 - 10:34 AM
Quite the battle here at 3300 SPX...should nearing an ending...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 04 August 2020 - 10:36 AM
TSLA back testing the pivot...stick save or breakdown decision should come pretty soon...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 04 August 2020 - 11:41 AM
Hmmmmm interesting pullback after I got my average short to 3292! We'll see off riding!!
Posted 04 August 2020 - 12:52 PM
TSLA back testing the pivot...stick save or breakdown decision should come pretty soon...
I don't see it getting to previous ATH until it drops below 1K and then possibly resume uptrend
But, I may be bias since I want to buy TESLA CALLS sometime after November for year end rally into January
Posted 04 August 2020 - 12:52 PM
Hmmmmm interesting pullback after I got my average short to 3292! We'll see off riding!!
looks tired and weak
but it has looked so many times and then rallied into end of day
Posted 04 August 2020 - 12:54 PM
VXN up
VIX down by 1% but still above 24 as SPX nears ATH
what's going on here?
too many LONGs hedging IS BULLISH, I think.
Posted 04 August 2020 - 01:03 PM
Note Green VIX AND VXN today
VXX slightly down
Could be BULLISH if many are hedging longs
Note Green VIX AND VXN today
VXX slightly down
Could be BULLISH if many are hedging longsI’m uncomfortably long still with Vix, but reduced to 20% long exposure today.
As per usual, a drop pre monthly expiration looks less likely now.
long scalps today have helped my account.
lets see if they push us to 3333 area, which seems likely
LONG VIX seems to be a good trade for next month or so but if SPX explodes to new ATH and some, then VIX will collapse below 15, I think
I traded VXX early this year and most of 2018 & 2019 but the overall returns were not as good as I expected.
If VXX goes below 15 then I will buy tons of it
Posted 04 August 2020 - 01:05 PM
Nq hedge long overnight filled 11023.5
closed +36.5
will reopen later, before 4pm
Posted 05 August 2020 - 09:51 AM
Dow Tran RUT NYA really starting to outperform Tech now....
NYA may soon join Trannies in taking out the June island....RUT nearly there as well...and Dow charging hard at it with the break over 27k.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy