99 replies to this topic

[dTraderB]

Will add a few more SPY & QQQ puts above SPX 3430 if traded - after more profits are added to XLF and BAC;

may also start a new SHORT MINI CRUDE position, January contracts

 

LT:
4075 XLF
4300 BAC
24 SPY PUTS
FLAT VOO

RISK:
27 QQQ PUTS
1 NQ HEDGE LONG
FLAT CRUDE

[12SPX]

Gonna wait for a bit more short term oversold conditions before I start putting profit stops on or if we stay higher then the original sell I'll add to it. 

[12SPX]

Okay profit stop 3398.....

[12SPX]

Darn didn't think it would be taken out, nonetheless 2 point profit, hopefully be able to sell higher again!

[12SPX]

Starting a short build at 3395, go from there...

[12SPX]

So far back to a 3400 average short once again.

[dTraderB]

ADAM:

The core pattern in #ES_F this week was a month long bullish inverse head & shoulders pattern & yesterday broke it out at 3375. Price now coming into 1st target at 3410

Above 3410 today targets 3425 then 3470. Bulls must hold ~3365-75 from here otherwise we revisit 3310 $SPX

[dTraderB]

got to love these markets... trade it without rigid forecasts, trade WITH it..

[dTraderB]

Nq still down on the day but could be up by 4pm. If it does not rally for rest of today then other equity indices will be dragged down

[dTraderB]

MAYBE, just maybe, one may surmise, some people want to now profit on their PUTS! 
Market is yanked down after a nice move up; one could have bought many puts and then one could yank it down! 

 

..... just maybe