139 replies to this topic

[redfoliage2]

It's going up after back filling the gap, looks pretty bullish to me ......................

[dTraderB]

going big long on any rally above 4245

bipartisan infrastructure deal RALLY could be BIG!!!

[12SPX]

Okay I'm back so exciting!!  Took profits on my long for 22 points and back to building my short at 4242!!  Profit stop 4240, will sell higher. 

[redfoliage2]

If day traders dump toward the end of the day, we may get another gap up tomorrow.  We may find ES in 4250 - 4270 range for tomorrow........................

Edited by redfoliage2, 10 June 2021 - 02:44 PM.

[12SPX]

Out for 2 points profit will be selling tonight on the rallies...

[dTraderB]

Thursday was quite a good day until the final rally and VXX weekend erosion began. Ended with first loss for the week, was profitable for most of the day until about 3pm. 

Will try to at least break even today to preserve weekly profits but will not hold back on adding to existing SHORT positions, want to deploy at least 60 to 70% of risk capital on VXX & SPY options with partial ES hedges. 

[12SPX]

Sold overnight at 4245 hanging onto to that into the open with a 4244 profit stop....

[12SPX]

Markets right on cue pushing up for the open, out for a 1 point profit....

[12SPX]

Starting my short build at 4246, would love to get 4250!! 

[redfoliage2]

Starting my short build at 4246, would love to get 4250!! 

I'd not be surprised to SPX to close above 2850 today, too much liquidity around as the recent Fed reverse repo volumes show ............................

Edited by redfoliage2, 11 June 2021 - 08:31 AM.