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BULLISH Seasonality -- beware of PULLBACKs!


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#51 dTraderB

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Posted 15 November 2022 - 10:17 AM

As I posted below --- somewhat dubious rally but still I expect more UP than down today and possibly tomorrow 

 

IF BULLS cannot hold above 4025-30 zone then this will be a ST TOP

 

I want it to rally above 4080, near the 200MA average to see how it behaves there. and add more PUTS
 

 

 

Rather SUSPECT rally but I expect it to bubble & froth for a day or two  -- TLT 100 or above will be nice. 

Will add more UVXY CALLS, hold all TLT CALLS unless it goes above 100 when I will trim but hold most of it

 

Will hold NQ & ES HEDGE LONG

 

Will add more QQQ & SPY PUTS above current weekly high 

 

 

NQ 11770 

1 Hedge LONG 

 

Not interested in HEDGING as yet... but will do so if this pullback continues. 

 

However, I expect rally to continue and add more QQQ shorts, also start new SPY shorts, so I will have to hedge .... 

 

 



#52 12SPX

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Posted 15 November 2022 - 10:21 AM

Just floating, decided to pull the stop and turn it into a build as the market sits around my profit stop.  Getting the feeling we could turn red today, market feels heavy....



#53 12SPX

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Posted 15 November 2022 - 10:25 AM

Okay totally agree d, took profits at 4020 for an 8 point gain, want to reset higher starting my short build at 4030....



#54 K Wave

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Posted 15 November 2022 - 10:28 AM

That little throwunder at 33800 on Dow likely important now...bulls still have it as long as that holds...


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

 

 


#55 12SPX

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Posted 15 November 2022 - 10:31 AM

Okay and starting a short on the ndx at 12050.  Market doesn't feel quite right this morning!  Maybe its those astronomical call prices lol!! 



#56 redfoliage2

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Posted 15 November 2022 - 10:35 AM

VIX not budging so far today. I'd not be too surprised if the opening gap gets filled soon  .....................


Edited by redfoliage2, 15 November 2022 - 10:44 AM.


#57 12SPX

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Posted 15 November 2022 - 10:40 AM

Lets see if this sticks!!!!!  Profit stops 4029 and 12045...



#58 12SPX

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Posted 15 November 2022 - 10:44 AM

Shouldn't have done it, out for 1 point profit on the ES, starting a short build at 4030.  Don't wanna get into doing the same thing as yesterday though so gonna widen it out lol!! 



#59 K Wave

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Posted 15 November 2022 - 10:48 AM

Possible short term 3 drives on GS just shy of 390...now see if bears can take 385


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

 

 


#60 K Wave

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Posted 15 November 2022 - 10:50 AM

Bears attacking the Dow pivot


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