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FF 2022: SPX up 10% - down, up, down big, year-end rally


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#71 12SPX

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Posted 06 January 2022 - 12:32 PM

profit stop 4695, buy lower if hit lol!! 



#72 dTraderB

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Posted 06 January 2022 - 01:39 PM

a break below  ES 4660 can lead to a FLASH CRASH to below 4400



#73 dTraderB

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Posted 06 January 2022 - 01:40 PM

looks quite weak...  I am being very careful with longs here. 

profit stop 4695, buy lower if hit lol!! 



#74 12SPX

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Posted 06 January 2022 - 02:01 PM

Yup I know was taken out for another 5 point profit.  Getting quiet I'll watch and wait for lower prices hopefully!! 



#75 dTraderB

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Posted 06 January 2022 - 03:31 PM

Closed a few more VXX CALLS, barely enough profit in these to change the % profit today but wanted to get it closed this week and wait for another opportunity, CALLS or PUTS on the next major move in the markets

 

Update: Still basing right below 4708 upside target off 4660 and #ES_F *very clearly acknowledging importance of this level. Longer it bases here, more it favors we pop higher to 4745 strong res. Bulls don't want a rush back towards lows though as they likely give out this time


#76 dTraderB

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Posted 06 January 2022 - 03:52 PM

BULLS will try to reverse it near the close, fierce battle for ST direction - up or more down



#77 redfoliage2

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Posted 06 January 2022 - 03:57 PM

The selling was likely done. Time to move on.  The focus now is switched to earnings reports with big banks reporting next week   .......................


Edited by redfoliage2, 06 January 2022 - 04:04 PM.


#78 12SPX

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Posted 06 January 2022 - 04:28 PM

An exciting finish with me going into the night session with an average long of 4685!!  



#79 12SPX

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Posted 07 January 2022 - 08:37 AM

Hmmmm well was taken out 30 sec before the report with my profit stop at 4687 for a 2 point profit and starting my new long build at 4680 after the report. 



#80 12SPX

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Posted 07 January 2022 - 09:21 AM

profit stop 4682 going into the cash open...