Bad breadth
https://www.mcoscill...t_breadth_data/
Posted 17 August 2021 - 08:14 AM
Rounded up my short to 4460 as we went into the close yesterday. Only 2 points but what the heck I like round numbers. Going to put my profit stop at 4455 going into the cash open but will start my build right above.
Posted 17 August 2021 - 08:36 AM
MOve my profit stop to 4450, will sell right above that. Still think we could wake up one morning to a big sell off as we move into September. THink its high risk to be long here until we see some decent 2% volatility swings here.
Posted 17 August 2021 - 08:56 AM
There we go, out for a nice 10 point profit and back in to start a short build at 4451.....
Posted 17 August 2021 - 09:56 AM
And out for a 1 point profit on my profit stop, start selling a little higher as the market is short term oversold....
Posted 17 August 2021 - 10:07 AM
whoops missed this, filled for a short trade at 4452 lol!! Start my build there!
Posted 17 August 2021 - 12:19 PM
Well isn't this exciting, profit stop 4430 for now and will sell just above once again!
Posted 17 August 2021 - 12:39 PM
This could quickly trade below 4400!
But, dip buyers are still eager to come in... until too many get burned !
MOve my profit stop to 4450, will sell right above that. Still think we could wake up one morning to a big sell off as we move into September. THink its high risk to be long here until we see some decent 2% volatility swings here.
Posted 17 August 2021 - 12:42 PM
Closed 10 QQQ PUTS opened yesterday & 1 NQ HEDGE LONG +63.25 points
Holding 1 NQ HEDGE LONG