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A Sustainable LOW but HOW HIGH this BOUNCE? 5 to 10%


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#51 12SPX

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Posted 23 May 2022 - 11:43 AM

Out for a 200 point profit on my ndx trade and was placing 3968 when I was taken out for 4 points profit but back in starting my short build at 3970.  Tennis is distracting me a bit posting here so general idea is sell higher and will buy much lower if we sell off enough here, rinse and repeat for the day!! 



#52 12SPX

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Posted 23 May 2022 - 11:53 AM

profit stop 3965, sell above.....



#53 12SPX

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Posted 23 May 2022 - 11:54 AM

I'll move it down a little as we go if we keep going down to, we'll see....



#54 12SPX

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Posted 23 May 2022 - 12:01 PM

omg, I've never seen a market update on a sports channel and there it was, a bloomberg report on when the S&P 500 has seen bear market hits in the past.  Makes you go hmmmmmmmm



#55 12SPX

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Posted 23 May 2022 - 12:20 PM

Lets even it up for a profit stop of 3950, starting a new long build on the ndx at 11,950



#56 12SPX

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Posted 23 May 2022 - 12:25 PM

Out for a 20 point profit, what to do what to do were right in the middle.... I know, watch tennis....



#57 redfoliage2

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Posted 23 May 2022 - 12:33 PM

I'd not be surprised to see a late day push up by big players  ....................



#58 dTraderB

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Posted 23 May 2022 - 12:50 PM

The current ES & NQ HOURLY CANDLES look very BULLISH! 

GREE HAMMERS! 

 

could ES trade 4000 today? 

more than a 70% probability

 

Finally, I have a GREEN TESLA SPREAD position! 

Just 2 but helps out the first position that is SOLIDLY IN THE RED! 

 

Will close 5 to 10 of CALLS opened on Thursday if Es trades again above 3970 and NQ above 12K 



#59 dTraderB

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Posted 23 May 2022 - 12:51 PM

Yeah, am thinking of a SHORT around 3970 and then LONG into the close... 

BUT will do that trade with NQ if markets trade as I think it should

 

Average short now 3972 but am looking for a long later on hopefully!! 



#60 dTraderB

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Posted 23 May 2022 - 12:53 PM

UVXY down 4 % but I will hold all PUTS  -- let this one ride for a while

 

The current ES & NQ HOURLY CANDLES look very BULLISH! 

GREE HAMMERS! 

 

could ES trade 4000 today? 

more than a 70% probability

 

Finally, I have a GREEN TESLA SPREAD position! 

Just 2 but helps out the first position that is SOLIDLY IN THE RED! 

 

Will close 5 to 10 of CALLS opened on Thursday if Es trades again above 3970 and NQ above 12K