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BEAR MARKET rally -- Painful Squeeze almost over


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#151 redfoliage2

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Posted 02 June 2022 - 01:14 PM

SPX hourly indicates 4200 tomorrow .........................

But right now on the 15 min chart it is over-bought, so expect a pullback before going to 4200 .....................


Edited by redfoliage2, 02 June 2022 - 01:19 PM.


#152 12SPX

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Posted 03 June 2022 - 07:23 AM

Added to my short last night bringing my average up to 4153 and since my pajama traders didn't fill it overnight holding a 4150 profit stop for the employment report now see how that goes!!! 



#153 12SPX

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Posted 03 June 2022 - 07:36 AM

Out for a 3 point profit and back in with a short build at 4160, profit stop 4155 for the cash open sell higher



#154 12SPX

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Posted 03 June 2022 - 07:46 AM

profit stop 4140 for the cash open



#155 12SPX

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Posted 03 June 2022 - 07:52 AM

Out for a 20 point profit, wait to see about selling higher or maybe go long a little lower...



#156 K Wave

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Posted 03 June 2022 - 08:00 AM

After the perfect stair steppin' action yesterday....crude now in coil mode for perhaps huge decision...

 

Above 116, and bulls could start to take it away...

 

but back under 115 could be first little hint that just maybe they do not have the fire power...

 

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The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#157 dTraderB

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Posted 03 June 2022 - 08:29 AM

will be opening NEW LONGS below ES 4K

 

This has been a ST TRADER'S week, so far.  

A good week, smaller profits but market seems to be undecided, weak bulls & bears. 

 

Will add more UVXY CALLS & TLT CALLS. 

 

Holding current STOCKS, ETFs, OPTIONS until next week unless HUGE UP or DOWN markets today

 

Will add to 1 each ES & NQ hedge short if market rallies 



#158 12SPX

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Posted 03 June 2022 - 08:32 AM

Trying a long build at the open here see how that goes!!!  Profit stop 4126!! 



#159 12SPX

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Posted 03 June 2022 - 08:34 AM

profit stop 4130



#160 12SPX

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Posted 03 June 2022 - 08:38 AM

Out for 5 points profit, hmmmmmmm