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ST BOTTOM in, possible unfinished business below


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#21 dTraderB

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Posted 08 March 2021 - 11:08 AM

Plunge last week seem to be the bottpm 9f this latest drop.
Market may sell the Stimulus news but not for long, and MARKET IS GETTING USED TO NEW NORM IN 10YR YIELD. Still, there will be more declines after another rally


Bears failed badly overnight , It looks PPT working hard ............................



#22 dTraderB

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Posted 08 March 2021 - 11:10 AM

DRAMAMINE MARKET ... WILD...
BULLS MAKING A STAND HERE SO expect a big move up or down after this battle today

Guess I spoke to soon lol!  Average short now 3862, let this one sit for a bit maybe.



#23 dTraderB

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Posted 08 March 2021 - 11:28 AM

a great excuse to rally! 

CDC: Vaccinated people can safely gather indoors without masks New guidelines from the Centers for Disease Control and Prevention suggest it is safe for fully vaccinated people to gather indoors with each other without masks.

"If you and a friend, or you and a family member are both vaccinated, you can have dinner together" without wearing masks or without distancing, CDC Director Rochelle Walensky said.

 



#24 dTraderB

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Posted 08 March 2021 - 11:29 AM

Adding an extra lot on NQ LONG daytrades!



#25 redfoliage2

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Posted 08 March 2021 - 11:43 AM

Bottom confirmed and the recent ST correction is done, now the question is how soon we will see new highs, this week or in the March OpEx week >>>>>>>


Edited by redfoliage2, 08 March 2021 - 11:50 AM.


#26 12SPX

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Posted 08 March 2021 - 11:52 AM

Profit stop 3860!! 



#27 dTraderB

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Posted 08 March 2021 - 12:09 PM

Closed nq hedge short held over weekend
+ 206.25 points
Will reopen later, lower... when??

2nd 12635 nq hedge short opened

Buy limit 12490 filled last night to close one NQ HEDGE SHORT. +215.25 POINTS profit

Will add extra lot to NQ SHORT DAYTRADES and will reopen 2nd NQ HEDGE SHORT LATER, at higher levels
Will buy more QQQ at lower levels

Current positions:
1100 QQQ
40 QQQ Calls
1 NQ HEDGE SHORT

Took a long restful rest this weekend, back to frenetic trading since markets opened earlier. 
3 NQ LONGs and 2 NQ SHORT trades 
1 NQ HEDGE SHORT @ 12705.25
 
Current positions:
1000 QQQ
40 QQQ Calls
2 NQ HEDGE SHORT
 
May close 1 NQ HEDGE SHORT below 12500 if traded overnight if  BUY LIMIT CLOSE order filled at 12490
 
 
 
 



#28 12SPX

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Posted 08 March 2021 - 12:17 PM

Out for a profit of 2 points and back in starting a new build at again 3862 lol! 



#29 12SPX

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Posted 08 March 2021 - 12:32 PM

Average short 3867...



#30 redfoliage2

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Posted 08 March 2021 - 01:21 PM

In a bull market Fridays and Mondays are frequently big up days.  So may I say the bull market is likely over if they are often not so?


Edited by redfoliage2, 08 March 2021 - 01:24 PM.