385 replies to this topic

[12SPX]

Out for a 5 point profit on my ndx trade, interesting, starting a new long build at 12,780.  I'll likely hang onto this longer than normal or add to it as we go along here, waiting to see what happens later in the day, still think we could go green here....

[redfoliage2]

 

If bears unable to crash the market today another big bounce is in the cards for next week.  Usually huge spikes up and down when bottoming .......................

If bears are uncommitted for a crash here it's likely the market is forming a double bottom......................................

 

Bears are failing again at this key level.  So it looks there are still more bulls than bears on the Street regardless how much they have tried to talk down the market ......................... 

Edited by redfoliage2, 06 May 2022 - 10:21 AM.

[12SPX]

And boom, out of my ES trade for a 1 point profit!!  Starting my new long build at 4138....

[dTraderB]

what a spectacular sight as GREEN invades and defeats RED from top of CALLS screen and moving downward!

 

all SPY & QQQ CALLS today are green, some from yesterday also GREEN...

if this continues I will have to decide whether to add 4th NQ & ES HEDGE SHORT or close some of the most profitable CALLS

Prefer to add HEDGES

 

 

UVXY is RED!    ALL PUTS today are green! 

[12SPX]

Dang out for a 7 point profit as I placed it on my ES trade and 120 point profit on my ndx at 12,900

[dTraderB]

closed 9.5 profit

will reopen 3rd ES HEDGE SHORT ... later 

 

 

reopened 4129

cannot keep up

later

 

 

 

closed +7

will reipen later

 

 

4124

 

 

ES 3rd hedge short 4105

rapid rally from low!

 

got to add 3rd HEDGE NQ  SHORT 12820

 

 

closed 3rd es hedge short +20

 

will reopen later

will also close 3rd NQ hedge and open later

 

 

 

 

[dTraderB]

JEEZ!  ES dropped 33 points... and dropping!

[12SPX]

Starting my long build at 4125 and 12760.

[K Wave]

This battle here at 276 might be for all the marbles now on Softie...

 

Bulls really really really need to turn 276 back into support....

[K Wave]

I must say precision work by da boyz on the 1 min charts today...except for the little throwover on SOX.

 

Upside pivots look set now...do bulls have what it takes to break through, or are we about to cliff divin'???