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2023 Q4 EARNINGS, POLITICS, MIDEAST - Can BULLS resume rally?


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#21 12SPX

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Posted 08 January 2024 - 12:43 PM

Interesting, average short 15585....



#22 redfoliage2

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Posted 08 January 2024 - 12:45 PM

 

I'd not expect this bounce to last ...........................

Just a ST over sold bounce.  But at this juncture bounces like this one are more likely to be sold   ......................

 

I see the market is still on an IT SELL though data dependent   .......................


Edited by redfoliage2, 08 January 2024 - 12:49 PM.


#23 dTraderB

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Posted 08 January 2024 - 12:55 PM

Closed NQ HEDGE LONG 16716

HOLDING 1 EACH NQ & ES

Will reopen lower

Closed ES HEDGE LONG 4737.5
Holding 2 NQ & 1 ES HEDGE LONG

Closed 16472

NQ HEDGE LONG 16418.5
Holding 3 NQ & 2 ES

Will add ES below 4715



#24 redfoliage2

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Posted 08 January 2024 - 01:19 PM

 

 

I'd not expect this bounce to last ...........................

Just a ST over sold bounce.  But at this juncture bounces like this one are more likely to be sold   ......................

 

I see the market is still on an IT SELL though data dependent   .......................

 

The Fed is not going to cut the rate in March and this market is running ahead of itself.  It's in the early stage of a correction ..........................


Edited by redfoliage2, 08 January 2024 - 01:24 PM.


#25 12SPX

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Posted 08 January 2024 - 02:31 PM

Average short now nice and even at 4760 and 15600.....



#26 redfoliage2

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Posted 08 January 2024 - 03:44 PM

Bounced to the Fib number 0.618 reached .................... 



#27 dTraderB

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Posted 08 January 2024 - 03:52 PM

Closed NQ HEDGE LONG 16802.5

Closed NQ HEDGE LONG 16716

HOLDING 1 EACH NQ & ES

Will reopen lower

Closed ES HEDGE LONG 4737.5
Holding 2 NQ & 1 ES HEDGE LONG

Closed 16472

NQ HEDGE LONG 16418.5
Holding 3 NQ & 2 ES

Will add ES below 4715



#28 dTraderB

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Posted 08 January 2024 - 07:47 PM

Rested for 3 hours & am up now for Chinese & HONG KONG opening. Will trade an hour or two, then place orders

Busiest day so far in 2024. Massive short squeeze after slow start. I liquidated all LONG hedges except one ES.
Added only 8 PUTS but will add more above ES 4810.
Last week I wanted another opportunity to short above 4800 and I will get tomorrow - hopefully.

#29 dTraderB

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Posted 09 January 2024 - 05:14 AM

NQ 16737

Closed NQ HEDGE LONG 16802.5

Closed NQ HEDGE LONG 16716

HOLDING 1 EACH NQ & ES

Will reopen lower

Closed ES HEDGE LONG 4737.5
Holding 2 NQ & 1 ES HEDGE LONG

Closed 16472

NQ HEDGE LONG 16418.5
Holding 3 NQ & 2 ES

Will add ES below 4715



#30 dTraderB

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Posted 09 January 2024 - 06:14 AM

ES 4783
Holding 2 ES & 1NQ HEDGE LONG
Will add below ES 4758

My FF is new ATH in JANUARY even with ES dropping below 4600 before end of month


NQ 16737

Closed NQ HEDGE LONG 16802.5

Closed NQ HEDGE LONG 16716

HOLDING 1 EACH NQ & ES

Will reopen lower

Closed ES HEDGE LONG 4737.5
Holding 2 NQ & 1 ES HEDGE LONG

Closed 16472

NQ HEDGE LONG 16418.5
Holding 3 NQ & 2 ES

Will add ES below 4715