Starting a long build at 4120 this time....
BEAR MARKET rally -- Painful Squeeze almost over
#161
Posted 03 June 2022 - 08:46 AM
#162
Posted 03 June 2022 - 08:52 AM
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 .....................
Pullback as expected. So SPX 4200 just delayed ......................
#163
Posted 03 June 2022 - 08:54 AM
profit stop 4121
#164
Posted 03 June 2022 - 08:57 AM
profit stop 4130
#165
Posted 03 June 2022 - 08:58 AM
out for a 10 point profit!!
#166
Posted 03 June 2022 - 09:17 AM
would not be surprised if ES finishes near 4200 or near 4000
by 4pm today
HUGE BATTLE this week, culminating on a FRENZIED FRIDAY!
Have been hesitant this week about new positions, continue to be so for rest of today
Prefer to add gradually to existing positions unless BIG SWING today .... already DOWN but BULLS battling
If I have to call it: BULLS advantage once ES trades above 4100
#167
Posted 03 June 2022 - 09:18 AM
should be BELOW 4100
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
#168
Posted 03 June 2022 - 09:19 AM
I am still favoring LONGS
but Fridays I do no trust!
Trying a long build at the open here see how that goes!!! Profit stop 4126!!
#169
Posted 03 June 2022 - 09:32 AM
Trying another long build at 4125
#170
Posted 03 June 2022 - 09:46 AM
Once again...precision work by da boyz...
this is about where bulls need to step up to prevent full roll back over..
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy