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BULL MARKET refreshed; SEASONALLY BULLISH; Sharp pullback soon


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#141 12SPX

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Posted 01 December 2023 - 11:26 AM

Out for a 10 point profit, lets see if we can rinse and repeat...



#142 12SPX

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Posted 01 December 2023 - 11:26 AM

And as I wrote that we can lol!! 



#143 redfoliage2

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Posted 01 December 2023 - 11:30 AM

So far every dip got bought since the market started working on digesting the big gains in November.  It has been six trading days on this consolidation at high.  My near term outlook - we are more likely to see SPX above 4600, not below 4500  ............................ 


Edited by redfoliage2, 01 December 2023 - 11:35 AM.


#144 12SPX

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Posted 01 December 2023 - 11:32 AM

Isn't this exciting, average short 15980....



#145 12SPX

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Posted 01 December 2023 - 11:33 AM

Whoops sorry wrong key 15960



#146 12SPX

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Posted 01 December 2023 - 11:38 AM

profit stop 15955....



#147 12SPX

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Posted 01 December 2023 - 11:44 AM

That was interesting, out for a 5 point profit and back in at 15965 short...



#148 redfoliage2

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Posted 01 December 2023 - 11:50 AM

So far every dip got bought since the market started working on digesting the big gains in November.  It has been six trading days on this consolidation at high.  My near term outlook - we are more likely to see SPX above 4600, not below 4500  ............................ 

It's just because of too much money in the MM accounts waiting for an entrance into stocks with a seasonality in favor of bulls ..........................



#149 dTraderB

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Posted 01 December 2023 - 11:55 AM

Close 1 NQ HEDGE LONG 16010

Close 4576.5

ES HEDGE LONG 4565

Closed Es hedge long 4578.5

NQ HEDGE LONG 15975

NQ HEDGE LONG LIMIT BUY ORDER @ 15980

ES 4566 HEDGE LONF

NQ HEDGE LONG 16115

Closedd ES HEDGE LONG 4593

EDIT: FLAT HEDGES

will reopen both ES & NQ lower



#150 12SPX

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Posted 01 December 2023 - 11:55 AM

Average short 15975....bond yields down but not worthy of these levels, making it interesting for the end of the day...