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10 Wild & Frenetic Trading Days -- but Bullish after Nov 2nd


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#41 12SPX

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Posted 21 October 2020 - 11:22 AM

And as I wrote that it was hit for a 1 point profit and first short build hit of 3450 so fast lol!! 



#42 12SPX

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Posted 21 October 2020 - 11:30 AM

Wow getting so fast, profit stop 3449, just in case we spike again but will be selling right above again around 3455....



#43 12SPX

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Posted 21 October 2020 - 12:06 PM

Okay final post here, profit stop 3440, off to tennis, will likely sell above though....



#44 12SPX

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Posted 21 October 2020 - 12:54 PM

Ok out for another 10 points, see what happens!! 



#45 dTraderB

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Posted 21 October 2020 - 01:26 PM

When the STIMULUS DEAL finally implodes then it will be big down. I think Pelosi is stringing this out for as long as possible and will not budge from $2 trillion.

What do you think we could get down to, I'd love to see 3400, but it already looks like its flatteniing out again/  Profit stop 3431, but I'll sell above



#46 dTraderB

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Posted 21 October 2020 - 01:33 PM

One major reason I am not bearish now is this: THE MARKET WANTS TO GO UP.

there are many times wBen the markets WANT TO GO UP OR WANT TO GO DOWN, no matter the TA OR FA ETC. I do not fight it, go with it until it is ready to reverse

#47 dTraderB

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Posted 21 October 2020 - 02:01 PM

ADAM:
This morning, I posted #ES_F needed above 3455 to trigger longs and that zone tested twice and rejected - this is clearly a key level

3455 remains the trigger. Otherwise, the risk is that we washout below 3410 to 3395, which would need to recover instantly to prevent 3355 $SPX

#48 dTraderB

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Posted 21 October 2020 - 03:09 PM

"Over coming days"??

WHITE HOUSE CHIEF OF STAFF MEADOWS SAYS THE TRUMP ADMINISTRATION WILL CONTINUE TO STAY ENGAGED IN TALKS OVER COMING DAYS

#49 12SPX

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Posted 22 October 2020 - 08:08 AM

Did one more short at 3450 as that was the play all day and it was bought back last night at 3415 for a 35 point profit. Wanted 3400 to go long and just missed it so were kinda in middle ground, waiting to see what happens after the open!



#50 dTraderB

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Posted 22 October 2020 - 09:30 AM

will close a few SPY & QQQ puts