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BUBBLE imploding soon - PA BEAR MARKET coming..


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#181 dTraderB

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Posted 25 September 2020 - 12:59 PM

Es 3270 first resistance on this leg up. I think this goes up to at least 3330/40 es. But not today, most likrly early next week, and down again.

CAVEAT: POLITICS ANALYSIS is more influential during this election season so expect even more volatile markets.



Thanks for your kind words, sorry cannot reply to all. This is ADAM MANCINI latest analysis:

All week 3225 was the battleground in #ES_F, tested Monday, then many times since yesterday.What happens now determines next leg

For today: Above 3270 needed to open 3315 then 3360. Would be looking at longs on a strong push towards 3270. If 3225 goes, 3180 last shot before 3100



#182 dTraderB

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Posted 25 September 2020 - 01:00 PM

My other LEVELS source:
TIC TOC
Trade plan 9/25:

1. Most participants appear extremely short in $SPY and $AAPL h

2. They should be punished by pain

3. Constructive on longs above 3215, targets 3310

4. Now 3236

5. Will reassess below 3215

#ES_F $SPX $NDX $SPY $NQ_F $VTI

#183 dTraderB

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Posted 25 September 2020 - 01:04 PM

Waiting for market to break out or break down at es 3270 and nq 11060

ADAM:
As most know - nearly every Friday afternoon since March $SPX rallied & interesting to note it's continued weekly since the trend change on Sept 2nd

Bulls need todays strength to hold given the critical support zone we're in and ideal is for futures to close between 3270 & 3315

#184 dTraderB

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Posted 25 September 2020 - 01:06 PM

U.S. JUSTICE DEPARTMENT TELLS JUDGE IT OPPOSES REQUEST BY TIKTOK TO DELAY APP STORE BAN SET FOR SUNDAY -COURT FILING

#185 dTraderB

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Posted 25 September 2020 - 02:09 PM

Added 4 qqq puts, 3 spy puts

#186 12SPX

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Posted 25 September 2020 - 02:11 PM

Profit stop 3280!



#187 12SPX

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Posted 25 September 2020 - 02:26 PM

Profit stop 3290, not sure if I want to go long into the weekend or not just yet!  



#188 12SPX

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Posted 26 September 2020 - 09:55 AM

Ended the day with a 72 profit on that trade, 74 in total not bad and my put sells are now well into the green.  Beers all around lol!!