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ST BOUNCE, then LOWER LOWS


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#201 dTraderB

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Posted 17 June 2022 - 12:07 PM

11325 reopened 5th NQ

Will reopen 5th ES  now  - 3688

 

Currently, up 0.92% want to maintain this or add to reach at least 1% by 4pm 

 

closing ES & NQ hedge short opened today, bank that

holding 4 each, will reopen higher

 

also closing a few UVXY PUTS  -- maybe about 10 to 12



#202 dTraderB

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Posted 17 June 2022 - 12:17 PM

BEAR MARKET starts to end TODAY???

Appears to be so.. but it is still along haul ... and being a permaBULL will not be good for your account, well-being, and sleep.



#203 redfoliage2

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Posted 17 June 2022 - 12:20 PM

Likely the market will go higher next week with the new options cycle kicking off....................  



#204 dTraderB

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Posted 17 June 2022 - 12:29 PM

unless there is a major geopolitical event, markets will be bullish at least for a few weeks, or to end of JUNE 

 

Crude, NAT GAS, GASOLINE, DIESEL, and the energy complex have been hammered this week, translates into lower inflation....

 

Likely the market will go higher next week with the new options cycle kicking off....................