I may add to VOO LONG position if it continues to fall
Time to be AGGRESSIVELY SHORT ? IT top forming
#91
Posted 20 May 2021 - 03:08 PM
#92
Posted 20 May 2021 - 03:10 PM
ES has to rally above 4180 or else the decline resumes
Weak close does not help the BULL case but the pajama traders may ramp it up
With day traders taking profit before the close a gap-up now is in the cards for tomorrow morning.....................
This market is being ruled by day traders and they get out at the end of the day (no big funds involved in the late day selling today as by 5 min vol.) and they get back in the morning. It's actually a setup for a gap-up..............
Edited by redfoliage2, 20 May 2021 - 03:18 PM.
#93
Posted 20 May 2021 - 07:41 PM
ES has to rally above 4180 or else the decline resumes
Weak close does not help the BULL case but the pajama traders may ramp it up
With day traders taking profit before the close a gap-up now is in the cards for tomorrow morning.....................
This market is being ruled by day traders and they get out at the end of the day (no big funds involved in the late day selling today as by 5 min vol.) and they get back in the morning. It's actually a setup for a gap-up..............
I see it's going to jump the creek in the morning ........................
#94
Posted 21 May 2021 - 06:30 AM
yeah, the overnight pajama traders rally
but, I expect the usual morning pullback before another Friday afternoon rally
ES has to rally above 4180 or else the decline resumes
Weak close does not help the BULL case but the pajama traders may ramp it up
With day traders taking profit before the close a gap-up now is in the cards for tomorrow morning.....................
This market is being ruled by day traders and they get out at the end of the day (no big funds involved in the late day selling today as by 5 min vol.) and they get back in the morning. It's actually a setup for a gap-up..............
I see it's going to jump the creek in the morning ........................
#95
Posted 21 May 2021 - 06:31 AM
FLAT VOO
May close a few INDA
or reopen VOO on any pullback
A great week, so far, and I intend to continue with a good finish tomorrow.
NQ daytrade profits surpassed total net profit from PUTS, hedge, VOO, INDA
27 SPY PUTS
1 ES HEDGE LONG 4154
1100 INDA
100 VOO
23 SPY PUTS
ES HEDGE LONG 4154
Closed ES LONG HEDGE + 36.5 points
16 SPY PUTS
1200 INDA
300 VOO
WILL BUY MORE PUTS & OPEN ES LONG HEdGE LATER
BUT, NQ daytrading is just phenomenally profitable!
Closed 300 VOO +10.45 POINTS total
3 great days, could get a bounce on Thursday & Friday if ES 4070 holds.
Bulls rallied today from ST oversold but BEARS still have the edge.
PA (political analysis, MidEast situation etc) may be a strong factor in market moves during the next 2 to 3 days
Weak markets can topple over into crash mode with the slightest fear & doubts
I am fixated with INDA since it does not want to go down even as INDIA faces a critical next few weeks. So, I added more to existing LONG
Closed a few SPY PUTS, added some VOO, closed small VXX LONG position
Markets quite active now but I am off to rest to start early tomorrow
1 ES HEDGLE LONG 4106.5
1100 INDA
600 VOO
12 SPY PUTS
#96
Posted 21 May 2021 - 07:36 AM
I'm doing a short build from 4171 here as were overbought short term and the open will be volatile due to expiration. This isn't a big one though so don't expect to much action and it looks like my numbers are going to play out that this turns out to be a down cycle.
#97
Posted 21 May 2021 - 07:52 AM
Wow what a dead market lol! Profit stop 4170, will sell above!
#98
Posted 21 May 2021 - 08:05 AM
Took off the short for a 2 point profit, want to widen my ranges for the open but looking at the short side...
#99
Posted 21 May 2021 - 08:26 AM
Getting ready for the open, starting my short build at 4173!!
#100
Posted 21 May 2021 - 08:49 AM
Adding one extra lot to NQ LONG DAYTRADES, maybe 2 extra lots
May reopen ES HEDGE LONG LATER
will close some INDA long
FLAT VOO
May close a few INDA
or reopen VOO on any pullback
A great week, so far, and I intend to continue with a good finish tomorrow.
NQ daytrade profits surpassed total net profit from PUTS, hedge, VOO, INDA
27 SPY PUTS
1 ES HEDGE LONG 4154
1100 INDA
100 VOO
23 SPY PUTS
ES HEDGE LONG 4154
Closed ES LONG HEDGE + 36.5 points
16 SPY PUTS
1200 INDA
300 VOO
WILL BUY MORE PUTS & OPEN ES LONG HEdGE LATER
BUT, NQ daytrading is just phenomenally profitable!
Closed 300 VOO +10.45 POINTS total
3 great days, could get a bounce on Thursday & Friday if ES 4070 holds.
Bulls rallied today from ST oversold but BEARS still have the edge.
PA (political analysis, MidEast situation etc) may be a strong factor in market moves during the next 2 to 3 days
Weak markets can topple over into crash mode with the slightest fear & doubts
I am fixated with INDA since it does not want to go down even as INDIA faces a critical next few weeks. So, I added more to existing LONG
Closed a few SPY PUTS, added some VOO, closed small VXX LONG position
Markets quite active now but I am off to rest to start early tomorrow
1 ES HEDGLE LONG 4106.5
1100 INDA
600 VOO
12 SPY PUTS