145 replies to this topic

[12SPX]

Profit stop being placed was hit at 4438 for a 2 point profit and in 30 sec starting my short build at 4445!! 

[redfoliage2]

I don't think it's "his" view. I think he's playing a role, you know, like an actor would.

It just tells that the talks between the two countries not going anywhere.  So the real problem is the Fed that wants to tighten policy aggressively but without knowing how long this war will last ..........................

Edited by redfoliage2, 21 March 2022 - 02:57 PM.

[12SPX]

Ending the day at my nice even 4450 short level!   Should be a fun nite session!!!! 

[dTraderB]

Market wants to go up but it now appears much of this driven by the retail crowd and the night traders.

This market is hilarious seeing this much a pop after Friday.  Took profits on my sold April 3500 puts for a profit of $13!!  Will start selling puts later on this week maybe and getting tempting to hold shorts longer term....

[dTraderB]

A green Monday, very busy, after 2 losing days to finish last week. I prefer the big swing days since they provide more range & potential to daytrade.
But, it also entices me into daytrading OPTIONS & ES HEDGES as it did yesterday.
I added more SPY & QQQ PUTS, remained with 1 NQ & 1 ES HEDGE LONG. Want to add more PUTS in rallies and HEDGEs on pullbacks

[12SPX]

Good morning!!  Turned out just as expected.  Got profit stopped out for a 10 point gain on my 4450 short but my pajama traders came through with my resells at 4450,60 and 70 giving me an average short of 4460 coming into the cash session.  Gotta love those guys and with bond yields at 2.35% I'm sure some reality will hit when the cash open comes lol!!  One thing for sure is we all know volatility is here to stay so should be another great day!! 

[dTraderB]

Adam Mancini

 

@AdamMancini4

 

After 4 straight trend days its a basing/chop day for #ES_F, and 4425-35 proving to be a brick wall: Two 30 point rallies off it since last night, and one fake below and recover Target remains 4490, dip, 4545-50 after this basing period ends. Bulls want to keep holding supports

Quote Tweet

 

 

 

 

 

 

 

Adam Mancini

 

@AdamMancini4

· Mar 21

Last week was most important of year for #ES_F: It broke its down-trendline from January. Now, its make or break follow through week. Overnight, my support was 4425-35. Dipped there, held, bounce Plan today: As long as 4425-35 keeps holding, 4495, possible dip, 4545-65 next up twitter.com/AdamMancini4/s…

[dTraderB]

BS ?    

FED'S BULLARD: THE CURRENT FED POLICY IS FUELING INFLATION.

 

FED'S BULLARD: I BELIEVE THE FED CAN ACHIEVE A SOFT LANDING.

 

FED'S BULLARD: THE FED SHOULD GET STARTED ON ASSET RUN-OFF AS SOON AS POSSIBLE.

 

FED'S BULLARD: THE FEDERAL RESERVE ALLOWED BALANCE-SHEET EXPANSION TO CONTINUE ON FOR FAR TOO LONG.

[dTraderB]

Tom McClellan

 

@McClellanOsc

 

Late 2008, Fed was inexplicably doing QT in the worst fin-crisis since 1937. Mid-2011 was sudden end of QE2. Late 2015 was after taper of QE3. In other words, be careful of signals when the Fed is overactive, which unfortunately is now all of the time.

 

 

Tom McClellan

 

@McClellanOsc

 

Late 2008, Fed was inexplicably doing QT in the worst fin-crisis since 1937. Mid-2011 was sudden end of QE2. Late 2015 was after taper of QE3. In other words, be careful of signals when the Fed is overactive, which unfortunately is now all of the time.

[dTraderB]

In the reversal zone but can stay here for a few days

BE ALERT for reversal 

 

https://www.mcoscill...t_breadth_data/