78 replies to this topic

[dTraderB]

Adam Mancini

 

@AdamMancini4

·

8h

 

 

Deja Vu from last week in #ES_F - just like last week we rallied Wednesday, sold off Thursday, which setup the Friday rally we get every week 4185 remains key support (pre FOMC lvl yesterday). If it keeps holding another high to 4225 still in play before likely May weakness $SPX

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Adam Mancini

 

@AdamMancini4

· 11h

We hit my 4210 1st #ES_F target from yesterday and ran out of steam there. Yesterdays breakout was triggered by clearing 4185 and will be essential it holds now to keep 4225 in play Fail here and we finally get a support break opening 4150, 4125. Below 4125 starts the drop to 4k

[12SPX]

What an enjoyable trading session!  Went up, then down, and up again, now a few ES points down 

Best trading day this week, looking forward to another active session tomorrow. 

If the market rallies tomorrow I expect NQ to outperform ES, hence opening a NQ HEDGE LONG. 

 

56 SPY PUTS

9 VXX CALLS

290 VXX LONG

 

1 ES HEDGE LONG  4167.25

1 NQ HEDGE LONG 13980 

I know heh actual volatility like a normal market.  Profit stops were'nt hit overnight so for the open I will put them at 4190 for now...

[12SPX]

Lowering my profit stop to 4185 start a build higher if hit....

[12SPX]

Profit stop hit for a 16 point profit and starting a short rebuild for May at 4188....

[12SPX]

Hmmmm I was hoping for more up but whatever, profit stop 4187 build from there....

[redfoliage2]

Nightly monkeys were able to push down index futures and create a gap down at the open, but I'd not be surprised to see the gap to be completely filled in the afternoon ................................................

[dTraderB]

The Friday afternoon rally.... but looks less likely today

Nightly monkeys were able to push down index futures and create a gap down at the open, but I'd not be surprised to see the gap to be completely filled in the afternoon ................................................

[dTraderB]

BUSY FRIDAY! LET US GET GOOD TRADEABLE SWINGS, UP OR DOWN!
MAX NQ daytrading position sizes.

ADAM:
Yet another ATH yesterday in #ES_F but momentum clearly fading from early April. Bulls may have 1 push left

Plan today: 4175-80 key support. Bulls need to rally right here, which keeps 4230, 4260 targets in play. 4175 fails we sell to 4150, 4125 (last chance lvl), then 4k. $SPX

[12SPX]

Profit stop hit for a 1 point profit and back in for a short at 4189.  Gonna stairstep my way to 4200 here again, profit stop 4188....

[dTraderB]

Watch NQ!
LOOKS MUCH STRONGER THAN ES!!!