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ST Bottom, Bounce, DOWN again


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#201 K Wave

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Posted 14 January 2022 - 10:19 AM

Looks to me like it could be all about whether QQQ 380 holds as resistance on the back test.

 

If not, then bulls can still pull a stick save and avert acceleration down...

 

But if it does hold as resistance and we go to fresh lows.................


Edited by K Wave, 14 January 2022 - 10:20 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#202 12SPX

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Posted 14 January 2022 - 10:39 AM

Darn out for a 2 point profit, shouldv'e just traded it lol!!  Back in for a long build at 4630....



#203 12SPX

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Posted 14 January 2022 - 11:12 AM

And just like that average long 4625 lol!! 



#204 12SPX

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Posted 14 January 2022 - 11:50 AM

Lets see if this one sticks, profit stop 4630...



#205 12SPX

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Posted 14 January 2022 - 12:29 PM

And out for another 5 point profit, back in with a long at 4625...



#206 redfoliage2

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Posted 14 January 2022 - 12:36 PM

ES likely to revisit 4650 sometime in the afternoon ...................


Edited by redfoliage2, 14 January 2022 - 12:38 PM.


#207 12SPX

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Posted 14 January 2022 - 12:57 PM

Guess I shoulda profit stopped that one, average long now 4620 lol! 



#208 12SPX

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Posted 14 January 2022 - 01:19 PM

Well gonna go skiing again I'll let you know how it goes but still thinking on the long side here so if we stay down here I'll just add to my long, see if it turns into a feel good friday or not especially being a long weekend lol!! 



#209 redfoliage2

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Posted 14 January 2022 - 01:56 PM

This is likely a bear trap set by MMs for Jan OpEx next week.......................


Edited by redfoliage2, 14 January 2022 - 01:58 PM.


#210 dTraderB

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Posted 14 January 2022 - 02:55 PM

Rolling QQQ PUTS

Closed MARCH 400 & 395 PUTS and bought 10 MARCH 370 PUTS  

 

Will short CRUDE WTI above 84; wanted to buy PUTS but too costly and may not get good fills. 

 

I may buy more QQQ 370 PUTS if QQQ trades above 380