Out for an 8 point profit.....
BULLS hold ES 4350 & bounce or ES 4200 this week
#71
Posted 13 October 2021 - 10:55 AM
#72
Posted 13 October 2021 - 11:09 AM
Decided to start my short build at 4338....
#73
Posted 13 October 2021 - 11:59 AM
BULLS have managed to rally from the lows, showing resilience, but still not out of the woods.
They need a big breakout out hour or two.
Still think the path of least resistance is down .... but if BEARS do not continue apply the selling pressure then
the obvious happens: Bulls trample on weak Bears on the way to ES 4450/75 first strong resistance zone
#74
Posted 13 October 2021 - 12:01 PM
This market is rotten, JPM got sold big today upon reporting earnings beating the consensus. This looks a trend and the stock got sold as soon as the earnings reported. This tells me the stock market correction is not done.....................
Edited by redfoliage2, 13 October 2021 - 12:10 PM.
#75
Posted 13 October 2021 - 01:03 PM
Yup sure looks like it lol!! Profit stop 4350....
#76
Posted 13 October 2021 - 01:09 PM
Darn and here I thought we were going to keep going but nonetheless a nice 12 point profit....
#77
Posted 13 October 2021 - 01:41 PM
Tapering/how much to taper? The Fed is to announce at its Nov meeting. Cannot rely on guesswork/false interpretation as the media is trying today ......................
Edited by redfoliage2, 13 October 2021 - 01:51 PM.
#78
Posted 13 October 2021 - 02:04 PM
Likely not gonna get any more long fills today but not surprising as options were indicating so much bearishness. I was selling the Oct 4250 puts this morning for $8. Higher risk trade of course lol, but not worth that much with only two days left and now is only worth $3.50 lol! Hopefully we'll see some selling in here before the cash market closes but I have a feeling it won't be much....
#79
Posted 13 October 2021 - 02:06 PM
Likely not gonna get any more long fills today but not surprising as options were indicating so much bearishness. I was selling the Oct 4250 puts this morning for $8. Higher risk trade of course lol, but not worth that much with only two days left and now is only worth $3.50 lol! Hopefully we'll see some selling in here before the cash market closes but I have a feeling it won't be much....
I'd not leave it overnight ..................
#80
Posted 13 October 2021 - 02:33 PM
Haaaaa already took $5 profits although highly doubt your going to see your 4200 call this week.