Member
Posted 06 May 2022 - 11:10 AM
If SOX can clear 3025 one more time, bulls may finally have something...
"Usually" does not pay by end of day to be overly short when Soxie bucking the trend...
But another trip under 3K now could be fatal...
likely gettin' real close to decision...
Edited by K Wave, 06 May 2022 - 11:10 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
Member
Posted 06 May 2022 - 11:11 AM
closed +14
later
reopened 4134
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
Member
Posted 06 May 2022 - 11:12 AM
And SPXU right back up to 17....if it clears the throwover, bulls could be in trouble...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 06 May 2022 - 11:13 AM
At this huge decision point....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 06 May 2022 - 11:14 AM
Man wow out for a 1 point profit and 10 points on the ndx right as I hit post. Starting my long build at 4110 and 12730....
Member
Posted 06 May 2022 - 11:16 AM
closed 3rd NQ HEDGE SHORT +105 points
later
closed +14
later
reopened 4134
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
Member
Posted 06 May 2022 - 11:22 AM
profit stop 4111, leave the ndx trade for longer term.....
Member
Posted 06 May 2022 - 11:27 AM
ES 4124.5
closed 3rd NQ HEDGE SHORT +105 points
later
closed +14
later
reopened 4134
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
Member
Posted 06 May 2022 - 11:28 AM
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 .........................
Bought UVXY May puts, VIX is likely to go down later today .........................
Forget about bull/bear, it's just an options traders heaven - buy early in the week and sell on Thurs/Friday morning ........................
Edited by redfoliage2, 06 May 2022 - 11:31 AM.
Member
Posted 06 May 2022 - 11:29 AM
And another buy program, profit stop 4115....
