Looks like TSLA and AAPL still in blowoff mode at least for the open anyway...
IT LONG TREND INTACT - Top this week
Started by
dTraderB
, Aug 15 2020 04:18 PM
144 replies to this topic
#131
K Wave
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Posted 21 August 2020 - 08:24 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#132
12SPX
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Posted 21 August 2020 - 08:27 AM
Surprised we moved up this much just before the cash open but nonetheless was a profit of 8 points, already started selling at 3378 see what it looks like after the open.....
#133
K Wave
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Posted 21 August 2020 - 08:43 AM
horrible NAZ breadth yet again.... Even a huge ramp in AAPL barely holding NDX together...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#134
12SPX
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Posted 21 August 2020 - 08:54 AM
Average short now 3381, weird thing is volume is already gone on this expiration day!
#135
Waver
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Posted 21 August 2020 - 09:31 AM
horrible NAZ breadth yet again.... Even a huge ramp in AAPL barely holding NDX together...
Breadth is about to reverse big time higher bringing much higher prices with it.
Or prices are about to collapse here.
#136
dTraderB
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Posted 21 August 2020 - 09:40 AM
12 APPLE PUTS
42 QQQ PUTS
#137
dTraderB
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Posted 21 August 2020 - 09:41 AM
10400 NQ tested overnight...quite possibly THE pivot going forward now, as summation index keeps gapping down while NDX makes ATHs
11,600 max for this move up
except if "positive" vaccine news or talk
#138
dTraderB
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Posted 21 August 2020 - 09:44 AM
Average short now 3381, weird thing is volume is already gone on this expiration day!
Looks like the major momentum of OPEX is gone
but this market is running on trillion$ of FED money,, hype and rumor, fake vaccine news etc so any news/talk of that will rally
However, as we have seen in the 2000, 2007... and recently, the bubble does implode
#139
12SPX
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Posted 21 August 2020 - 12:04 PM
And there it is SP500 cash settlement 3386.27! Futures options will go off at the close along with the S&P 100! There is something becoming seriously wrong with this market when there is no volatility, maybe blu is right we could see an ugly open one of these days! Would love just to see a -2% to-3% correction to get the market back on track so it can move higher healthy, this is just setting up to see a swift move downward.
#140
dTraderB
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Posted 21 August 2020 - 02:36 PM
Close 1 nq hedge +103.5
11452 NQ hedge long, those are my two NQ hedge longs for today and maybe the weekend as I load up on more QQQ & APPLE PUTS today
8-lot full size NQ longs. I would like a big rally today to cap off OPEX week and this IT/ST LONG bias, ideally down first then up, down and then BIG UP MOVE to end the day & week
