86 replies to this topic

[12SPX]

Out for a 10-point, short higher again! 

[12SPX]

Back in short at 3625, profit stop 3624, keeping this one tight, think this may turn out to be a declineing top for a while here and then we'll see if there is rally at the close or not! 

[12SPX]

Gosh what a surprise the markets pulling back, profit stop 3610! 

[12SPX]

And out for a 15 point profit...  See about shorting higher, time to head out for tennis and errands, could be an interesting close.

[dTraderB]

bought 5 QQQ JAN CALLS

 

limit orders below market to buy mire

[dTraderB]

Hardly ever regretted TAKING PROFIRS since I changed to mainly ST trading since 2008.
Those daily candles look bearish, especially the long red NQ.

Best nq daytradong since.... some time last year.

Holding:
19 SPY JAN PUTS
8 QQQ JAN CALLS
1 NET LONG NQ HEDGE - keeping one Nq short overnight, with 2 nq long hedge, for a net long 1 hedge.

That options spread just happened to be created in that configuration as markets moved quickly since last week. All are red except 4 SPY PUTS opened today.

[dTraderB]

ES 3% FROM intraday high
NQ almost 5% from intraday high

Those intraday highs may be IT tops ... but anything is possible in these markets

[dTraderB]

Closed nq short hedge +21.5 points
Now long 2 nq hedge

Done for this great reversal day!

[12SPX]

I was gonna call for a reversal day as you could just see the anchor in the Nasdaq.  Nonetheless although unofficaial as I was playing tennis I went short at 3620 and have a profit stop of 3600 in this night session.

[dTraderB]

Have no choice but to go big short NQ as the election rally fizzled out in 3 days

 

THAT was the ST top yesterday and could be also the IT top until stimulus ...when? 2021