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BIGGEST BUY-THE-DIP TEST: "V" shaped rebound or REAL correction?


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#41 dTraderB

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Posted 29 September 2021 - 07:44 AM

Closing a few more NAT GAS SHORTS

 

note DOLLAR at 2021 HIGH .... highest level  in almost a year



#42 dTraderB

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Posted 29 September 2021 - 07:45 AM

 
ZVBuToeP_bigger.jpg
 
 
Yesterday, #ES_F failed its shot to recapture its 50dma, which is 1st time this year this happened. Good support was ~4330 which bounced, but bulls have work to do Plan today: Looking for backtest of 4405-4410. Unless bulls can recapture there though, leg down continues to 4265
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ZVBuToeP_mini.jpg
 
Adam Mancini
 
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· 21h
Sell the bounce continues in #ES_F as it has all month & ES lost a key support today at 4400. As posted 4365 next zone for a relief bounce & there now, but struggling Unless bulls can get back above 4400, sell the bounce continues with 4330 (good support), then 4265 next down twitter.com/AdamMancini4/s…


#43 dTraderB

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Posted 29 September 2021 - 07:53 AM

Want to do similar but with QQQ CALLS, will add more if QQQ trades below 359
Markets may stabilize at current levels, brief sharp rally, then down again ...

However, DEBT LIMIT noise and other political issues, high energy prices can create very choppy markets next few weeks. 

DKiAL2yi_bigger.jpg

 
Yesterday on Sep 28, 2021 | 10:54 AM EDT DOUG KASS Don't Fear the FANG! I just added to Amazon ($AMZN) at $3,327 and I established a new long position in Google ($GOOGL) at $2,719.


#44 12SPX

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Posted 29 September 2021 - 08:07 AM

Trying to start a long build at 4360, would rather 4350 but we'll see after the open....



#45 12SPX

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Posted 29 September 2021 - 08:26 AM

Getting there, average long 4357....



#46 12SPX

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Posted 29 September 2021 - 08:38 AM

Rats taken out as I placed my profit stop at 4360 for 3 points profit.  No umph yet.....



#47 12SPX

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Posted 29 September 2021 - 08:40 AM

Yay, got my desired fill with a nice round long at 4350!!



#48 dTraderB

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Posted 29 September 2021 - 08:53 AM

NQ HEDGE SHORT

 

14880 

 

want to buy more QQ CALLS on any drop below today's low, so far

 

closed all NAT GAS SHORTS

 

 



#49 12SPX

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Posted 29 September 2021 - 08:54 AM

Hmmmmm profit stop 4355, see if this run continues.....



#50 12SPX

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Posted 29 September 2021 - 09:04 AM

profit stop 4360.....