Took it off at 4537 for a 3 point profit, decided to keep it fresh for Sundays open, well that is unless I get filled at 4542 in the next few minutes
"BULLS LARGE IN CHARGE" vs "time to sell stocks and de-risk portfolios"
#171
Posted 01 April 2022 - 03:11 PM
#172
Posted 01 April 2022 - 03:11 PM
SEASONLITY is justifiably over-rated but this APRIL 1st bullishness is quite a good one. FOOLS rushing in to BUY?
Added some of the PUTS I closed earlier and yesterday.
Will hold all ES & NQ hedges.
Added UVXY CALLS. UVXY was up more than 7% yesterday, down by about the same today, green briefly
NOTE there is a new VIX ETF
Great final 2 days of a week that started badly.
Good start in APRIL, traded with the market, up and down today, ended with a good profit.
bounced 27 points
is it sustainable for rest of day? maybe 60% and 40% it will close below 4500
will it slice thru ES 4500 and then 200ma 4475?
or bounce from ES 4500 and rally hard into end of day?
#173
Posted 07 April 2022 - 12:35 PM
#174
Posted 07 April 2022 - 12:40 PM
Basically., it all depends on WHERE ES closes today, at 4pm: above or below the 4490-4500 zone?
above 4490-4500 zone: bullish
below 4440-45 zone: bearish
between those two zones --- consolidating, chopping, then breakout
#175
Posted 07 April 2022 - 02:06 PM
Closing 5 SPY CALLS
banking profits....
Holding 7 TLT JUNE CALLS, will add more,
will open new UVXY CALLS below 12.4 if and when traded
will open new SPY PUTS position above 458 if and when traded
ditto for QQQ above 360 if and when traded
Will add to 4 FB PUTS