If it cannot bounce above ES 4245 & NQ 13325 then I will heavily short it - mainly DAYTRADES
ES 4250-4300 Resistance - Pullback, then up into end of AUGUST
#171
Posted 19 August 2022 - 09:19 AM
#172
Posted 19 August 2022 - 09:50 AM
During the past 11 5m ES candles BULLS tried to break out, failed
they may succeed in the 12th
That ES 4240-45 zone is now strong support/resistance
I think it will be broken later today and new daily lows below 4235
If it cannot bounce above ES 4245 & NQ 13325 then I will heavily short it - mainly DAYTRADES
#173
Posted 19 August 2022 - 09:58 AM
Failed and as I said: hitting it hard with NQ short daytrades!
During the past 11 5m ES candles BULLS tried to break out, failed
they may succeed in the 12th
That ES 4240-45 zone is now strong support/resistance
I think it will be broken later today and new daily lows below 4235
If it cannot bounce above ES 4245 & NQ 13325 then I will heavily short it - mainly DAYTRADES
#174
Posted 19 August 2022 - 10:10 AM
UVXY up almost 10% -- actually less than an increase of 1 ... but I will close a few of the remaining CALLS
#175
Posted 19 August 2022 - 10:13 AM
There goes the rest of AAPL PUTS
Not holding on to any, prefer to take profits and close positions, clear the deck, take a few days off near end of August
#176
Posted 19 August 2022 - 10:35 AM
Pretty good initial thrust down in Rusty as it is once again leading down..
Big battle zone 1975-1980, so could see back test up to that area...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#177
Posted 19 August 2022 - 10:41 AM
There goes the rest of AAPL PUTS
Not holding on to any, prefer to take profits and close positions, clear the deck, take a few days off near end of August
Well done. I think we see SPX 3950 before this is over.
I am mostly focused on NatGas and TBT. Key drivers of equities.
Edited by beta, 19 August 2022 - 10:42 AM.
#178
Posted 19 August 2022 - 10:50 AM
Expect a bounce from here....................
Edited by redfoliage2, 19 August 2022 - 10:52 AM.
#179
Posted 19 August 2022 - 12:31 PM
There is a finished qqq daily count marked by the candles to better than 0.01%, starting with the extremes of the July 14th candle.
#180
Posted 19 August 2022 - 01:30 PM
Correction - the fit is only better than 0.1% - 1 part in 1000 - not 1 part in 10,000.