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"Bulls Regain Control Of The Market As Fed Taper Looms"


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#61 dTraderB

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Posted 21 October 2021 - 08:28 AM

AAII Bulls exemplify my pinned tweet as they are +9 to 47% and bears fall 4 to 28%


#62 dTraderB

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Posted 21 October 2021 - 08:29 AM

Very rare 6 green days in a row for #ES_F & badly in need of some basing/pullback. Yesterday was looking for a run to ~4535 then cooloff and ran there and now cooling off Plan today: Supports = 4508, 4475-80. Ideally, can see 4475-80 at least before pushing to ATHs (4570 target)
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ZVBuToeP_mini.jpg
 
Adam Mancini
 
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· 22h
Big follow through today for #ES_F and near 4535 target zone already, likely pause there before running to 4565 Daily RSI(5) now an extreme 85 - higher now than at the September peak after 5 straight green days. This will need to reset and recharge and this 4535 zone next shot twitter.com/AdamMancini4/s…


#63 redfoliage2

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Posted 21 October 2021 - 08:55 AM

SPX 4565 Friday?


Edited by redfoliage2, 21 October 2021 - 09:01 AM.


#64 12SPX

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Posted 21 October 2021 - 09:08 AM

Haha, not a chance, I'll take that bet, lets not forget tomorrow and 4565....  Added to my short now at 4585....



#65 12SPX

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Posted 21 October 2021 - 09:09 AM

Oh and btw 4564.99 does not mean you won!! 



#66 redfoliage2

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Posted 21 October 2021 - 09:22 AM

Oh and btw 4564.99 does not mean you won!! 

It's the number from Adam Mancini, not mine.  But I do have a number:  > 4550 in the next two days


Edited by redfoliage2, 21 October 2021 - 09:24 AM.


#67 12SPX

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Posted 21 October 2021 - 09:51 AM

Why'd you put it up then that's no way to put up a bet lol!!  giveup.gifpop.gif



#68 redfoliage2

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Posted 21 October 2021 - 10:18 AM

Why'd you put it up then that's no way to put up a bet lol!!  giveup.gifpop.gif

It was my question for you..........................



#69 dTraderB

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Posted 21 October 2021 - 10:24 AM

Insane markets! especially OIL & GAS!  update

 

adding an extra lot to NQ LONG daytrades as partial hedge for QQQ PUTS, may open SPY PUTS position with hedge

Will add hedge later today or tomorrow

 

17 QQQ PUTS

15 VXX CALLS

 

Flat CRUDE

 

Closed all CRUDE shorts

will reopen above 83

 

 

Gains in NQ daytrades and QQQ puts, losses in VXX CALLS & CRUDE, net loss, first red day this week. 

 

Am not keen on the market at these levels, Snot convinced in HORT or LONG but I prefer to risk a but on the SHORT side. 

Even on SHORTS, I am holding back.

 

10 QQQ PUTS

10 VXX CALLS

6 CRUDE SHORT

 

Start of next QQQ & SPY PUT position, paying more for JAN QQQ & SPY, in the money

 

5 QQQ JAN PUTS

 

Also holding 10 VXX CALLS

 

 Will add more VXX CALLS & QQQ PUTS on market rallies

Will short CRUDE above 82.4

 

 



#70 redfoliage2

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Posted 21 October 2021 - 02:38 PM

We just saw a breakout in SPX late afternoon that's very bullish for tomorrow.  Likely a gap up overnight ..........................


Edited by redfoliage2, 21 October 2021 - 02:48 PM.