Out for a 5 point profit......hmmmm
BIG DROP (aka CRASH) unless PP & BULLS can hold SPX 4500
Started by
dTraderB
, Dec 03 2021 11:52 AM
112 replies to this topic
#22
12SPX
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Posted 06 December 2021 - 10:59 AM
Starting my short build at 4587....
#23
12SPX
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Posted 06 December 2021 - 11:37 AM
And there we go, while shoveling, a nice 17 point profit on my short and now long at 4570 as I said, profit stop 4580....looking for another flip.....
#24
12SPX
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Posted 06 December 2021 - 11:42 AM
Out for a 10 point profit....
#25
dTraderB
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Posted 07 December 2021 - 06:10 AM
Good green Monday to start the week. Profits in NQ daytrading and 12 QQQ CALLS in LT Portfolio.
Strong reversal in NQ yesterday.
Will start new SPY PUT position in Risk portfolio above QQQ 465. It is just below this in premarket trading
FEB and then MARCH PUTS, gradual accumulation, buying 2 to 3 instead of normal 5 lots
New ATH almost certain in December but markets setting up for a substantial decline later in December or in January 2022
Bought 5 QQQ CALLS February in LT PORTFOLIO
Will add more if market drops .... limit orders placed
Only NQ daytrades with occasional PUTS or CALLS.
Great week, month after a few rough days in first half of Nomember
RISK OFF for rest of month & year , if that is possible with me sitting in front of a few screens of real time market data.
#26
dTraderB
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Posted 07 December 2021 - 06:15 AM
Put options volume across all symbols jumped to the highest level on RECORD Friday, with almost 27m contracts trading -Cboe data Puts outpaced calls for the first time this year and smashed the prior record set in Feb 2020
#27
dTraderB
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Posted 07 December 2021 - 06:18 AM
Bears being squeezed today in #ES_F as we work through the targets - 4570, 4590, next up 4630-40. Solid zone & I would expect a cool-off there. Bulls want to base there & push up For bulls, *essential* 4570-75 holds now. Fail there likely opens a deep sell (50dma, then 4440)
#28
dTraderB
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Posted 07 December 2021 - 06:19 AM
Zoomed ahead of that resistance zone...
4660 key resistance -- above that ES can quickly trade to 4700
Evening update: #ES_F basing after todays nice rally. Likely charging up for that push to 4630-40 target, which is next cool-off spot & decently strong resistance
#29
dTraderB
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#30
dTraderB
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Posted 07 December 2021 - 06:23 AM
Bounced off extreme -300 level
Heading up to zero line but may not get there on this rally
https://www.mcoscill...t_breadth_data/
