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An Overvalued, Overbought & Overleveraged Stock Market While The Fed Tightens, What Could Go Wrong?


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#71 12SPX

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Posted 26 November 2021 - 09:44 AM

There we go profit stop 4635, sell above....



#72 12SPX

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Posted 26 November 2021 - 10:07 AM

This is fun!!  profit stop back at 4620!  Kinda feels like we could see around 4550 in the end here but we'll see I guess!   



#73 K Wave

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Posted 26 November 2021 - 10:20 AM

Trannies getting hammered....

 

That "totally normal" Avis spike looking more and more like it may have been the final destination of the climb for Trannies...

 

A close under 16K would make it look a lot more that way.....

 

djt.png



#74 dTraderB

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Posted 26 November 2021 - 10:28 AM

Doing it again 3rd NQ hedge long 16140

Keeping my PUTS

Closed
+90.25

Reopening 2nd ES HEDGE LONG limit order ES 4661 FILLED

LIMIT ORDER PLACED TO reopen 3rd NQ HEDGE LONG 16150. Do not thin this will be filled overnight.



#75 dTraderB

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Posted 26 November 2021 - 10:59 AM

Yeah 4575-80 is really important for BULLS

Will buy a few SPY CALLS if that holds, or close a few SPY PUTS

 

Critical support zone coming up for #ES_F in the 4580-90 area - this has been the primary target on the loss of 4655. Almost there This area is core rising trendline extending from Octobers low AND back-tests the area we took off from on Oct 29th. Bulls going to want to hold it

 



#76 12SPX

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Posted 26 November 2021 - 11:27 AM

Profit stop 4600, still think we could see 4550ish



#77 K Wave

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Posted 26 November 2021 - 12:09 PM

Airlines and Cruise lines getting whupped over the last few weeks, and especially today...

 

A bit of Deja Vu?