Jump to content



Photo

BULLS hold ES 4350 & bounce or ES 4200 this week


  • Please log in to reply
112 replies to this topic

#11 12SPX

12SPX

    Member

  • Traders-Talk User
  • 5,342 posts

Posted 11 October 2021 - 10:40 AM

Perfect, add to my shorts lol!!  So far the market is going nowhere fast, profit stop was hit for a 2 point profit but back in with a short of 4303 to start....



#12 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 9,457 posts

Posted 11 October 2021 - 10:48 AM

I am also going to close a few QQQ CALLS. Not too impressed with this bounce unless it finishes the day near high today.

Taking 40 points of profit and flipping to a short at 4400 see if the market can hold up here!! 



#13 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 14,787 posts

Posted 11 October 2021 - 11:00 AM

I am also going to close a few QQQ CALLS. Not too impressed with this bounce unless it finishes the day near high today.
 

Taking 40 points of profit and flipping to a short at 4400 see if the market can hold up here!! 

 

The day still long  ........................


Edited by redfoliage2, 11 October 2021 - 11:06 AM.


#14 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 9,457 posts

Posted 11 October 2021 - 11:02 AM

Will close another 4 to 6 QQQ CALLS IF IT TRADES ABOVE 363.5
or will add more below 360

32 QQQ CALLS
6 CRUDE SHORT
1 NQ SHORT HEDGE



100% GREEN last week - all 5 days, but Friday was up by only $620 mainly because I had closed most positions by noon on Thursday, and ended the week with only  this:
 
38 QQQ CALLS
1 NQ HEDGE SHORT
 
 Flat everything else. 
Looking to short CRUDE above 80, it is just above this now
May also short NAT GAS but only above 5.90 
 
I like this article:






 hN65_xGU_bigger.jpg
 









Tom McClellan

 


@McClellanOsc

·
Oct 8







 



My latest Chart In Focus article, "Oils Leading Indication for Yields Working Again", is posted at https://mcoscillator.com/learning_center/weekly_chart/oils_leading_indication_for_yields_working_again/.

 

https://www.mcoscill..._working_again/

 

 
 
 






 

 






  hN65_xGU_bigger.jpg
 









Tom McClellan

 


@McClellanOsc

·
Oct 8







 



My latest Chart In Focus article, "Oils Leading Indication for Yields Working Again", is posted at https://mcoscillator.com/learning_center/weekly_chart/oils_leading_indication_for_yields_working_again/.



#15 12SPX

12SPX

    Member

  • Traders-Talk User
  • 5,342 posts

Posted 11 October 2021 - 11:07 AM

profit stop 4395, will sell above....



#16 12SPX

12SPX

    Member

  • Traders-Talk User
  • 5,342 posts

Posted 11 October 2021 - 11:52 AM

profit stop 4390, no energy....



#17 12SPX

12SPX

    Member

  • Traders-Talk User
  • 5,342 posts

Posted 11 October 2021 - 12:07 PM

profit stop 4380, be awesome if we can back down to 4360 again lol!! 



#18 12SPX

12SPX

    Member

  • Traders-Talk User
  • 5,342 posts

Posted 11 October 2021 - 12:14 PM

filled for a nice 23 point profit and trying to start a long build at 4380....



#19 12SPX

12SPX

    Member

  • Traders-Talk User
  • 5,342 posts

Posted 11 October 2021 - 12:28 PM

Guess I shoulda waited for 4360 lol, average long 4375...



#20 12SPX

12SPX

    Member

  • Traders-Talk User
  • 5,342 posts

Posted 11 October 2021 - 12:35 PM

One thing that is worrying me is that Nov options are way to bullish so any upside may be limited here....