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Time to be AGGRESSIVELY SHORT ? IT top forming


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#71 12SPX

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Posted 20 May 2021 - 08:33 AM

Just to be safe putting a profit stop on at 4110, follow it up...



#72 redfoliage2

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Posted 20 May 2021 - 08:44 AM

It looks a double-bottom in the forming as showing in SPX hourly chart ...................................


Edited by redfoliage2, 20 May 2021 - 08:47 AM.


#73 12SPX

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Posted 20 May 2021 - 08:53 AM

Profit stop 4120 as were entering resistance! 



#74 dTraderB

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Posted 20 May 2021 - 08:56 AM

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



#75 dTraderB

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Posted 20 May 2021 - 08:56 AM

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



#76 redfoliage2

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Posted 20 May 2021 - 09:32 AM

It looks a double-bottom in the forming as showing in SPX hourly chart ...................................

Good to see NAZ is leading up today - it wants to catch up .................


Edited by redfoliage2, 20 May 2021 - 09:36 AM.


#77 dTraderB

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Posted 20 May 2021 - 09:56 AM

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



#78 12SPX

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Posted 20 May 2021 - 10:51 AM

Moving my stop up to 4150 as were getting a little overbought here and back into the red zone lol!! 



#79 12SPX

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Posted 20 May 2021 - 11:07 AM

Think if its hit I may flip to a quick short while it settles down!



#80 dTraderB

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Posted 20 May 2021 - 11:10 AM

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