150 replies to this topic

[dTraderB]

Adam Mancini

 

@AdamMancini4

·

20h

 

 

Interesting to note that the 2% dip we had in #ES_F since Aprils high, while mild, reset the RSI(5) on the daily chart all the way back to ~40, the same area it was at on March 24th low It means lots of "fuel" for upside out of this 2 week base we're in, providing supports hold

Quote Tweet

 

 

 

Adam Mancini

 

@AdamMancini4

· 23h

Yesterday, was looking for 4170-75 on the recapture of 4140 in #ES_F and hit overnight. Dip buyers stepped in Plan today: Big resistance is 4186-4192 (trendline from April 29th high). Breakout there triggers to 4250. Looking for a test of it, more basing, then breakout attempt twitter.com/AdamMancini4/s…

[dTraderB]

Helene Meisler

@hmeisler

·

14h

 

 

Naz red 6 of the last 7 days

 

AAII Bulls and Bears little changed in the last week.

 

 

 

 

[dTraderB]

a sort of deathwatch on ARK

 

Dougie Kass

@DougKass

·

9h

 

 

Of course ARK Invest purchased $PTON $TDOC and more $SKLZ (+3 million shares). 'Knock on Wood!' https://youtube.com/watch?v=jkF4K2xuSF4…

@jimcramer

@tomkeene

@SquawkCNBC

@cnbcfastmoney

@carlquintanilla

@riskreversal

@andrewrsorkin

@beckyquick

@Convertbond

[dTraderB]

Helene Meisler

@hmeisler

·

47s

 

 

10 dma of Equity put/call ratio highest in 5 months.

[redfoliage2]

Options market is pricing a ~+/-41 points SPX move through Friday. SPX chart is looking a bit sick at the moment, to my eye, BWDIK.

It looks a big move is reserved for Friday ........................

Edited by redfoliage2, 06 May 2021 - 06:59 AM.

[12SPX]

It looks that the market is being ruled by day traders.  I have been on position trading, and now I think I need to switch to day-trading also.................................

The past year it has been easy to daytrade as the market had volatility each day even with the constant ride so I think now it is just getting back to normal.  It was only April that was completely directional being straight up.  I'm with d though as my main trading is selling options and I've only been shorting the upside so that's my direction lol!  I'm going to put some puts on tomorrow after the jobs report.  I was stopped out on my 4160 long for a 3 point profit last night.  Trying a new long build here at 4157 for the open.  Nasdaq been getting pummeled so I'm sure there is going to be an up day in here somewhere lol! 

[dTraderB]

Adam Mancini (@AdamMancini4) tweeted at 8:20 am on Thu, May 06, 2021:

Important not to overthink/overtrade recent action in #ES_F: Daily chart shows we're in a 2 week basing phase(triangle) after the recent big rally, setting up a move

Plan today: Support is 4130, breakout 4190, and everything between is choppy noise. Bias is it breaks up to 4250


(https://twitter.com/...1950214147?s=03)

[12SPX]

Profit stop 4158 for the open, we'll see after that, think I agree with Adam lots of chop.  Would love to see a rally higher to sell though would be easier lol!! 

[12SPX]

Interesting, out for 1 point profit back in at 4155 to start a build maybe, Nasdaq down again hmmmm.

[12SPX]

Was about to say profit stop 4160 and it was filled for a 4 point profit lol!