143 replies to this topic

[linrom1]

It's not a bull market by any means, it's just a ranging market with algos playing hide and seek. Some of the large caps have no volume and the spread is astronomical as HFT will make bids and asks disappear to move 2-3 levels higher to wipe your stops.

[12SPX]

Average short 4235, would love to get that up to 4250 with the way this market is and sit on it but we'll see.  I hate to say but I've been around and this market is not making me feel like it is just in grind mode anymore as its setting itself up for another big fall.  Really to bad as there is no reason for it.  A healthy market stair steps up, doesn't create multiple cash gaps. 

[12SPX]

Average short 4240...

[K Wave]

If/when NYA clears 15400, bears may be in a lot of trouble...they only get so many chances to roll it over...

 

Rusty also having pretty good day...

 

Fib may be right about weakness in tech and rotation into broader market

 

 

 

 

 

[K Wave]

Once things like META and AAPL actually start to roll over, then we see how rest of market holds up.....

[K Wave]

pivot set at 396 on NFLX...the climb continues until that broken

 

[linrom1]

MAR, could be awesome short once we ever get the recession.

Edited by linrom1, 02 June 2023 - 10:36 AM.

[K Wave]

Apple still trying to build that 180 stair step...one more surge into the "event" on the 5th?

 

Below 179.75 again, and that possibility may fade

 

 

 

[dTraderB]

Closed ES HEDGE LONG
+66.50

HOLDING 1 NQ HEDGE LONG

WILL REOPEN ES HEDGE LING BELOW 4260

ES 4225 HEDGE LONG

GOT to hedge SHORTS

[12SPX]

Average short now 4245, think I'll stop here for the weekend....