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Seasonally bullish, SPX 4400


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#91 12SPX

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Posted 16 July 2021 - 11:17 AM

Whoops, Profit stop 4340



#92 dTraderB

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Posted 16 July 2021 - 12:17 PM

ES hammered a bottom at about 4335 on 5-min, two long red candles in hourly with LONG tails - bullish, 

looks like they want to ramp up into the close

BUT, if they cannot, then WATCH OUT BELOW this afternoon and next week. 

 

A great daytrader's market last few days & I enjoyed trading it not. 



#93 dTraderB

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Posted 16 July 2021 - 12:18 PM

YES, OPEX volatility continues, I want to be nimble and cut risk for rest of today ... unless it moves big

 

Been waiting for just before expiration to start placing shorts, 4365 and will add if we continue moving up! 



#94 12SPX

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Posted 16 July 2021 - 12:33 PM

Out for a 5 point profit, think I'll quit for the day, its been a great week and my calls are set up for the start of the August cycle. I'm looking to sell higher hopefully lol!! 



#95 dTraderB

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Posted 16 July 2021 - 01:30 PM

"BIDEN CRACKS DOWN ON CHINA" headline dropped ES by a huge 5 points! 

 

Well, maybe more during last hour later



#96 12SPX

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Posted 16 July 2021 - 01:58 PM

Trying one more time at 4326 see if we get a last hour ramp....



#97 12SPX

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Posted 16 July 2021 - 02:18 PM

Ok just in case, profit stop right at 4326, shoulda waited for 4325 anyhow lol!! 



#98 12SPX

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Posted 16 July 2021 - 02:27 PM

And out for .25 profit lol!!  Maybe just better to let it go lol!! 



#99 12SPX

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Posted 16 July 2021 - 02:51 PM

Gonna try 4315 long, gonna be interesting....



#100 12SPX

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Posted 16 July 2021 - 02:53 PM

So exciting, profit stop 4315, if we rally here I'll likely cash out