140 replies to this topic

[12SPX]

And was just about to change my profit stop and out for a 1 point profit, try it again here at 3324

[dTraderB]

closed 3 QQQ PUTS

will reopen on a bounce, trying to roll NOV PUTS into DEC

also daytrading options now.... 

ES 3318 has held support, so far

[dTraderB]

closed 2 SPY PUTS

 

placed several limit orders to close PUTS  from these levels here, then and lower ... if market continues to fall

[redfoliage2]

 

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 ..........

 

Just covered ES at 3323 shorted yesterday at 3340.................

Edited by redfoliage2, 29 September 2020 - 11:39 AM.

[12SPX]

Headed to tennis, splits etc so watch and trade as I go, not sure about profit stop just yet havn't added any extra just yet! 

[12SPX]

There will be one though just saying not sure when lol!! 

[dTraderB]

placed limit orders to reopen a few SPY PUTS  - DEC -  to replace the NOV puts that were closed earlier. 

 

NQ lagging so will not reopen any PUTS at these levels but will do higher than NQ 11390 if it gets there. 

[redfoliage2]

 

 

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 ..........

 

Just covered ES at 3323 shorted yesterday at 3340.................

 

It looks that the consolidation is to go on for another half day tomorrow ...................

Edited by redfoliage2, 29 September 2020 - 01:45 PM.

[dTraderB]

1 short and 2 long nq trades as market rallies from that debate low.
Could finish green today if ES 3290 HOLDS

[AChartist]

I suspect it can be up in nearer term, new stimulus, election, yet

the dow quarterly cycles should be down 3 or 5 years. I am abstaining a long time.

It may be a very good lifetime trade to start cost averaging in a few years unless

gold works in the meantime is the only place I expect to participate but not proven yet if

gold will decouple.