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Start of the new BULL MARKET? No, not as yet....


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#31 tsharp

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Posted 13 October 2020 - 08:52 AM

I said yesterday, based on the push and close above the top BB that a pullback/rest was likely... it seems an inside day would be logical if there's more upside:

 

SPX-D-10-13-20-EMA.jpg



#32 12SPX

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Posted 13 October 2020 - 09:27 AM

Thank goodness your not just a permabull lol!!  To much money to be made on both the upside and downside, especialy when you get moves like this.  Went a little further than I expected but I know it'll work out!  Always love it when you see premium being eaten up on newly sold options, my 3800 calls are already showing a profit even though we were up huge yesterday!! 



#33 dTraderB

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Posted 13 October 2020 - 10:24 AM

Hectic frenectic ...
Crazy markets.

Quiet board this morning everyone must be nervous lol!!  Added a bit more overnight so my short is now at 3499.  This is turning out to be my biggest trade of the past couple months 3499, but I'm still not giving up, I've never seen volatility not show up, unless of course after a huge correction lol!! 



#34 dTraderB

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Posted 13 October 2020 - 10:25 AM

Closed +65
Still holding 1 nq hedge long

Will reopen second one latet

12100 nq hedge long

Hope both nq hedges lose big!



#35 tsharp

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Posted 13 October 2020 - 11:48 AM

I think the broadest measure of the US equities market is shown via. the W5000, and it's close to breaking to new ATHs in today's session:

 

W5000-D-10-13-20.jpg

 

Additionally, the DJT is still holding up nicely in its new ATHs range:

 

DJT-D-10-13-20.jpg



#36 dTraderB

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Posted 13 October 2020 - 12:11 PM

12070 nq hedge long

#37 dTraderB

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Posted 13 October 2020 - 12:13 PM

Looks a pull-back in progress before relaunch effort to ATHs in major equity indices.

If APPLE fails to deliver then big down move follows


I think the broadest measure of the US equities market is shown via. the W5000, and it's close to breaking to new ATHs in today's session:
 
W5000-D-10-13-20.jpg
 
Additionally, the DJT is still holding up nicely in its new ATHs range:
 
DJT-D-10-13-20.jpg



#38 dTraderB

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Posted 13 October 2020 - 12:20 PM

Closed +67

Reopen latet

12070 nq hedge long



#39 dTraderB

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Posted 13 October 2020 - 12:26 PM


12095

Closed +67

Reopen latet

12070 nq hedge long



#40 dTraderB

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Posted 13 October 2020 - 12:42 PM

ADAM:

Uneventful day in #ES_F after melting up & this is because its been flagging since the 3pm high yesterday. This pattern determines the next move

Above 3530 is a breakout and sees a final pop into 3575 before a cool-off. Pattern fails below 3500-3495 which cause hard selling $SPX