152 replies to this topic

[12SPX]

There we go ps 4215

[12SPX]

ps 4210

[12SPX]

There we go out for a 25 point profit and I'm outta here, will sell higher if we go back up a bit for the night shift lol!!

[12SPX]

Interesting close, starting my short build at 4215....

[redfoliage2]

Removed

Edited by redfoliage2, 11 August 2022 - 04:01 PM.

[redfoliage2]

Thanks to the CPI data the party time was extended though it still won't change the path of the current Fed cycle that's only one third done on its way in QT.  I see the current market ramp up is not sustainable as divergences all over the place ....................

 I see the recent gaps to be back-filled soon .....................

[dTraderB]

FOMO panic buying, SHORTS panic liquidation has receded ..... getting near to normal but still enough FOMO. SHORTs liquidation for at least another ES 50 points... 

 

then.... the BIG DROP

 

 

Kuppy

 

@hkuppy

·

3h

 

Called a broker at a large trading shop this am, “Kuppy, we have like zero buy orders. Zero!! Just a massive number of short covering orders…” Gut feel is we’re near peak bounce. Maybe not in timing, but in price. I’m pasting bids. Making room and buy em back in a few mos…

Quote Tweet

 

 

 

 

 

 

 

Kuppy

 

@hkuppy

· Aug 10

This is the sorta buy panic I love selling size into. Gonna need room to buy em back when the fukwitz panic as inflation stays “sticky” Who’s excited for “sticky inflation”?? It will be the new fear that drives the market in Q4. Just watch… twitter.com/hkuppy/status/…

Kuppy

 

@hkuppy

·

3h

 

Called a broker at a large trading shop this am, “Kuppy, we have like zero buy orders. Zero!! Just a massive number of short covering orders…” Gut feel is we’re near peak bounce. Maybe not in timing, but in price. I’m pasting bids. Making room and buy em back in a few mos…

Quote Tweet

 

 

 

 

 

 

 

Kuppy

 

@hkuppy

· Aug 10

This is the sorta buy panic I love selling size into. Gonna need room to buy em back when the fukwitz panic as inflation stays “sticky” Who’s excited for “sticky inflation”?? It will be the new fear that drives the market in Q4. Just watch… twitter.com/hkuppy/status/…

[dTraderB]

YES, not amazing, as soon as AAPL started lagging even as ES continued rallying,

the rest of big tech lost momentum and then BOTH ES & NQ dropped. 

I waited for more than 3 days to SHORT AAPL but only today I open OCT AAPL PUTS.  I think I posted this earlier today

 

 

@hmeisler

·

1h

Amazing stat from

@RiskReversal

that AAPL is 8% of the SPX

 

SPX has been red 7 of the last 9 days.

[dTraderB]

ES could not crack 4200 on that steep decline 

Traded just above it but support held. I think it breaks tomorrow 

 

Adam Mancini

 

@AdamMancini4

·

3h

 

Closing update: Rejection off 4255-65 resistance & now bouncing at ~4200 backtest.

Bulls need to hold and need > 4220 to rally.

Below here is 4175 last lvl before deeper sell.

[dTraderB]

FF:  Dropping below zero tomorrow or Monday

 

Typical OPEX movements next week -- down then UP

 

 

 

https://www.mcoscill...t_breadth_data/