Member
Posted 14 October 2021 - 05:39 AM
BULLS escaped the ES 4350 trap can they rally above ES 4400 into the weekend, another OPEX ?
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
Member
Posted 14 October 2021 - 05:41 AM
Back to green on Wednesday. NQ was quite strong, from start to end of day, BUT will it lead the lagging DOW & SPX ?
Member
Posted 14 October 2021 - 07:27 AM
BULLS escaped the ES 4350 trap can they rally above ES 4400 into the weekend, another OPEX ?
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
Think your far to bearish on an expiration week and the market was far to bearish, you could tell the tape was wanting up. Option premium was really showing that also wish I hadn't gotten out of my long now. Gonna take a closer look see if I want to start shorting here or not.
Member
Posted 14 October 2021 - 08:11 AM
Whoops sorry d thought you were Red, was thinking about his 4200 call for this week lol!! You hadn't made any predictions, anyhow still thinking of starting a short after the cash open see what happens or hopefully we'll pull back a little here....
Member
Posted 14 October 2021 - 08:13 AM
Whoops again, while typing that my short fill came at 4397, will add to it if we pop a little higher...
Member
Posted 14 October 2021 - 08:18 AM
Holding here, profit stop 4396 will sell above, would love that nice round 4400....
Member
Posted 14 October 2021 - 08:34 AM
Out for 1 point profit starting a new build at 4396 after the cash open....
Member
Posted 14 October 2021 - 08:43 AM
Whoops sorry d thought you were Red, was thinking about his 4200 call for this week lol!! You hadn't made any predictions, anyhow still thinking of starting a short after the cash open see what happens or hopefully we'll pull back a little here....
But I also said if SPX got above 4400 I will re-assess ....................
Member
Posted 14 October 2021 - 08:44 AM
Was just placing my stop and hit for a 2 point profit but boom just hit my 4400 short build!!
Member
Posted 14 October 2021 - 09:02 AM
Gotta pick a side and stick with it I think, out for a 1 point profit as I was placing 4399 and now starting selling at 4405 with that pop on the hour.....
