Too much in too short time. Now I have to ask myself why they want to run up the market like this? Any politics behind?
Edited by redfoliage2, 28 September 2020 - 12:44 PM.
"BULLS REFUSE PEACEFUL TRANSFER OF POWER TO BEARS" - ST up, IT down
Started by
dTraderB
, Sep 27 2020 11:38 AM
140 replies to this topic
#42
dTraderB
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Posted 28 September 2020 - 02:35 PM
second hedge long nq 11315
#43
redfoliage2
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Posted 28 September 2020 - 02:40 PM
Expect SPX unable to get over the 50 dma by the close today, and a pullback from this resistance later today after 12 pm. I sold ES earlier today and now holding a small short from 3340 as this is VST way overbought ........
As I expected they were unable/unwilling to get SPX over the 50 dma today. Now expect some consolidation tomorrow before anything else ..........
Edited by redfoliage2, 28 September 2020 - 02:42 PM.
#44
dTraderB
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Posted 28 September 2020 - 03:32 PM
Closed nq hedge + 100.5 points
Will hold next hedge long overnight... unless...
Will hold next hedge long overnight... unless...
11290 buy limit nq hedgr
Busy!
#45
dTraderB
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Posted 28 September 2020 - 03:34 PM
End of Q3? Window dressing etc,?
Too much in too short time. Now I have to ask myself why they want to run up the market like this? Any politics behind?
Edited by dTraderB, 28 September 2020 - 03:34 PM.
#46
dTraderB
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Posted 28 September 2020 - 03:37 PM
Closed + 79.75
Flat hedge long nq
May reopen later
Flat hedge long nq
May reopen later
second hedge long nq 11315
#47
dTraderB
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Posted 28 September 2020 - 04:11 PM
ADAM:
Simple, classic patterns work and the rally we saw today/overnight was the result of a clean falling wedge breakout in #ES_F.
Ideal path from here is we see a push to 3370-90 target, pullback/flag that holds 3300, then up to the 3420 zone that was major resistance all month $SPX
Simple, classic patterns work and the rally we saw today/overnight was the result of a clean falling wedge breakout in #ES_F.
Ideal path from here is we see a push to 3370-90 target, pullback/flag that holds 3300, then up to the 3420 zone that was major resistance all month $SPX
#48
dTraderB
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Posted 28 September 2020 - 04:11 PM
ADAM:
Its been a great rally in $SPX but important to remember we are still in a volatile corrective phase since Sept 3rd and these aren't the clean trending days of July/August (yet). Important to be nimble & trade lvl to lvl.
3370 next, then 3420 need to clear to retest the ATHs
Its been a great rally in $SPX but important to remember we are still in a volatile corrective phase since Sept 3rd and these aren't the clean trending days of July/August (yet). Important to be nimble & trade lvl to lvl.
3370 next, then 3420 need to clear to retest the ATHs
#49
dTraderB
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Posted 28 September 2020 - 04:19 PM
LT:
3825 XLF
4000 BAC
22 SPY PUTS
FLAT VOO
RISK:
32 QQQ PUTS
FLAT NQ HEDGE LONG.
FLAT CRUDE
3825 XLF
4000 BAC
22 SPY PUTS
FLAT VOO
RISK:
32 QQQ PUTS
FLAT NQ HEDGE LONG.
FLAT CRUDE
#50
redfoliage2
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Posted 28 September 2020 - 05:02 PM
Could be and Then it will be the new quarter and new FY re-positioning in early October ......End of Q3? Window dressing etc,?
Too much in too short time. Now I have to ask myself why they want to run up the market like this? Any politics behind?
Edited by redfoliage2, 28 September 2020 - 05:03 PM.
