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ST TOP ...then ATH into 2021


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#1 dTraderB

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Posted 30 November 2020 - 06:47 AM

one ES hedge long opened 3615 .... 

 

trading resumed after a great restful break. 

 

Looking for a ST top and then zoom ahead to ATHs, possibly SPX 4k before end of 2020. 

 

any bad vaccine news or US involved in any major geopolitical events will invalidate the above forecast. 



#2 dTraderB

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Posted 30 November 2020 - 06:49 AM

Not holding big overnight positions, prefer to daytrade NQ, for now

 

9 SPY PUTS

1 ES HEDGE LONG 3616



#3 dTraderB

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Posted 30 November 2020 - 08:19 AM

SPX 4200  !! he says! 

 

https://seekingalpha...4200spx-in-2021

 



#4 dTraderB

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Posted 30 November 2020 - 08:41 AM

closed es long hedge + 9.25 

will reopen later

 

Not holding big overnight positions, prefer to daytrade NQ, for now

 

9 SPY PUTS

1 ES HEDGE LONG 3616



#5 12SPX

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Posted 30 November 2020 - 09:04 AM

When this last day of trading for this month started last night I was still holding my short at 3636 until late when it was looking like a huge gap lower but then the market reversed so moved my profit stop to 3620 and was taken out for a 16 point profit.  As you know I like my round numbers for rogue trades overnight and my order was filled at 3630.  Not going to put a profit stop there just yet wait and see how the open goes.  Btw a few friends and my partner have all seemed to contract Corona, I still prefer to call it that lol and although I'm still awaiting my test results and if I'm not positive I'll be surprised and join the crowd that testing is skewed.  Thankfully being older I'm glad I'm in shape as it seems more like a minor flu, cold and that goes the same for my partner and other friend.  The only person that is struggling a little with it with a fever and tirerdness is my heavy friend.  The best news is that we don't have to worry about taking the vaccine now as I don't know anyone that wants to take it.  Anyhow This makes 7 people for me all recovering over something similar to the flu.       



#6 12SPX

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Posted 30 November 2020 - 09:51 AM

Profit stop 3625....



#7 12SPX

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Posted 30 November 2020 - 09:56 AM

Well that was surprising out for a 5 point profit, will sell higher....



#8 12SPX

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Posted 30 November 2020 - 10:12 AM

Don't like this market, jumped back in short at 3626, will make this a build if it goes higher....



#9 dTraderB

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Posted 30 November 2020 - 10:35 AM

ONE ES 3608.25 HEDGE LONG



closed es long hedge + 9.25 
will reopen later
 

Not holding big overnight positions, prefer to daytrade NQ, for now
 
9 SPY PUTS
1 ES HEDGE LONG 3616



#10 12SPX

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Posted 30 November 2020 - 10:52 AM

Was just putting this in and now out at 3605 for a 21 point profit.  Try higher again....