IF US30Y at 2% and PPI at 7% THEN US30Y at 5% and PPI at 1%.
Seasonally bullish, SPX 4400
Started by
dTraderB
, Jul 11 2021 09:40 PM
102 replies to this topic
#31
linrom1
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#33
12SPX
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Posted 14 July 2021 - 09:54 AM
Out for a 3 point profit and starting a new short build at 4377...
#34
12SPX
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Posted 14 July 2021 - 10:19 AM
profit stop 4373, sell above.....
#35
12SPX
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Posted 14 July 2021 - 10:29 AM
profit stop 4370, sell above....
#36
12SPX
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Posted 14 July 2021 - 10:30 AM
Actually going crazy taking profits here at 4364 for 13 points profit, will sell higher....
#37
12SPX
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Posted 14 July 2021 - 11:02 AM
Trying a long here at 4355, profit stop 4355 but won't hold long and hopefully moving back to short around 4375, off to smokey tennis lol!!
#38
dTraderB
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Posted 14 July 2021 - 11:04 AM
4357.5 2nd hedge ES LONG
#39
12SPX
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Posted 14 July 2021 - 11:04 AM
Now that we bounced might as well make that 4360 profit stop....
#40
dTraderB
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Posted 14 July 2021 - 07:32 PM
Was in the red earlier with POWELL trying to reassure the markets but again the markets looked vulnerable, frothy, and running out of reasons to rally, and then gave up most of the gains during the afternoon session.
That does not mean the market cannot rally to a new SPX ATH above 4400 after a minor pullback.
I do not use moving averages to trigger trades but to observe where the markets are trading in relation to the major averages & also because many traders consider these averages very important & you can notice more trades when important MAs are crossed on the way UP or down.
However, every day - in intraday trading - I observe the 20ma on the 5-minute chart is a very useful reference level. Ditto for 50ma on the 1-minute chart.
Will reopen 2nd NQ HEDGE LONG below 14820 & take profits in CRUDE SHORTS
ES HEDGE LONG 4357.5
ES HEDGE LONG 4332.75
NQ HEDGE LONG 14762.5
SHORT 7 CRUDE mini 73.82 avg
Wanted to short more crude as it plunged but could not spend more time watching the CRUDE charts.
55 SPY PUTS (SEP & OCT)
56 QQQ PUTS (SEP & OCT)
30 VXX SEP 25 CALLS
