BULLS recover -- more DECLINES ahead
#121
Posted 07 October 2021 - 08:50 AM
#122
Posted 07 October 2021 - 08:54 AM
32 QQQ CALLS
did not expect to get that sell limit order filled but QQQ is in fire since that ST bottom
#123
Posted 07 October 2021 - 09:07 AM
Interesting, average short 4405....
#124
Posted 07 October 2021 - 09:14 AM
CLOSED ALL SPY CALLS & ES HEDGE SHORTS
Closing more QQQ CALLS to target a hedge position of 20 QQQ CALLS & 1 NQ SHORT
Will reopen calls lower or later or next week,
Been a great run, want to preserve these profits this week, especially into the NFM report tomorrow
May start a new VXX CALL position later or on Friday after NFM report
#125
Posted 07 October 2021 - 09:20 AM
Gonna be interesting, average short 4410... Starting to sell some Nov calls now at 4600 for $16, slowly add. The 4100 puts I sold yesterday for $16 are already $2.50. Now we've got a little to much bullishness lol!!
#126
Posted 07 October 2021 - 11:05 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#127
Posted 07 October 2021 - 12:30 PM
After the biggest squeeze since July #ES_F has arrived at todays 4420 target zone & now dipping
While it could also pop to backtest the 50dma ~4430, if bears to reverse it for another sell leg, has to be this zone. Above here 50dma is recaptured likely ending this corrective leg
Adam Mancini (@AdamMancini4) tweeted at 8:16 am on Thu, Oct 07, 2021:
After 3 days of intense chop in 4360-4270, #ES_F snapped it to the upside
Plan today: Support=4375-80,4360. As long as it holds, 4415-20 next big level up.Big resistance,downtrend line from September peak & last chance for bears to see a new low before trend to ATHs restarts
(https://twitter.com/...S8hGKeRsvg&s=03)
#128
Posted 07 October 2021 - 12:34 PM
THE PLAN is to start new NAT GAS SHORT POSITION: start with SELL LIMIT NAT GAS above 5.90, or wait for 6 if market is rapidly rising near these levels
#129
Posted 07 October 2021 - 12:48 PM
Thanks to the positive development on debt ceiling issue SPX now is back above the neckline of the H&S, so the bearish pattern is nullified at least for now. We should see SPX back testing its 50 dma 4439 as soon as tomorrow......................
Edited by redfoliage2, 07 October 2021 - 12:55 PM.
#130
Posted 07 October 2021 - 01:08 PM
profit stop 4408 will sell above.....