Below 880 puts TSLA back into the drop zone....
BARRON'S 2nd-lowest % BULLS: "That is not a contrarian buy signal"
#431
Posted 29 April 2022 - 01:24 PM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#432
Posted 29 April 2022 - 01:25 PM
Very tired, only 3 to 4 lots NQ daytrading until 4pm
Bought more INDA, XLF, NVDA, QQQ ^ SPY CALLS
NFLX CALLS
#433
Posted 29 April 2022 - 01:29 PM
BUT, the longer ES trades below 4200 there is a higher probability of a close today below 4150, and even below 4100 ( below 4100?... ?)
OTH, If BULLS can recapture ES 4200 then a face-ripping rally in final hour is possible.
4200 remains the week long magnet in #ES_F, and bulls managed to put in a 25 point there bounce before caving Every other dip below this week has saw a violent snapback rally and so far, this is struggling to break also. Pop above 4200 here would trigger Friday afternoon squeeze
Yep, for bears pretty much hard down tankage, or bulls gonna strike back...
Since these kind of sentiment things often end in panic, not ruling that out until bulls can show me they can actually hold onto a pivot level for more than brief moment
So far the only close to that is MSFT, so watching it closely for more clues...
Nothing more bearish than a failed floor recapture....
But if holds 280 and turns back up, could be first clue bears are nearly out of bullets
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#434
Posted 29 April 2022 - 01:29 PM
AMZN 2461 support broken, now at 2455. But Qs and Spooz not reacting too negatively (yet).
#435
Posted 29 April 2022 - 01:33 PM
BUT, the longer ES trades below 4200 there is a higher probability of a close today below 4150, and even below 4100 ( below 4100?... ?)
OTH, If BULLS can recapture ES 4200 then a face-ripping rally in final hour is possible.
4200 remains the week long magnet in #ES_F, and bulls managed to put in a 25 point there bounce before caving Every other dip below this week has saw a violent snapback rally and so far, this is struggling to break also. Pop above 4200 here would trigger Friday afternoon squeeze
#436
Posted 29 April 2022 - 01:36 PM
New CRUDE LONG position
104.64
Small position to start
#437
Posted 29 April 2022 - 01:47 PM
Closed
50 points profit
New CRUDE LONG position
104.64
Small position to start
#438
Posted 29 April 2022 - 01:47 PM
Boy oh boy this is easy, average long 4183, gonna go play tennis, should be a fun final hour, crash crash crash lol!!!
#439
Posted 29 April 2022 - 01:48 PM
KATY BAR THE DOOR!
until 4pm, at least!
Could drop below ES 4100
#440
Posted 29 April 2022 - 01:52 PM
Am starting a new ndx long at 12900, have a good weekend everyone....