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Huge week! "could define market's narrative over next few months"


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#11 redfoliage2

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Posted 29 January 2024 - 10:14 AM

It's MSFT, META, and NVDA leading up today ......................



#12 12SPX

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Posted 29 January 2024 - 10:19 AM

Starting my new short build on the ndx at 17565....



#13 12SPX

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Posted 29 January 2024 - 10:24 AM

So exciting, profit stop 17550, sell above



#14 12SPX

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Posted 29 January 2024 - 10:31 AM

Out of my ES trade for a 3 point profit and my ndx for 15 points setting profit stops, hopefully get back in a bit higher once again....



#15 12SPX

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Posted 29 January 2024 - 10:33 AM

As I typed that got filled on my ES trade at 4920 to start a short build....



#16 redfoliage2

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Posted 29 January 2024 - 11:04 AM

Dips got bought and bounces sold - the market is likely to stay in a tight range before the big earnings reports and the Fed talking.............................. 


Edited by redfoliage2, 29 January 2024 - 11:04 AM.


#17 redfoliage2

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Posted 29 January 2024 - 11:41 AM

Dips got bought and bounces sold - the market is likely to stay in a tight range before the big earnings reports and the Fed talking.............................. 

Longer term the market is likely on a top, and bulls need to take profit quickly .....................


Edited by redfoliage2, 29 January 2024 - 11:48 AM.


#18 12SPX

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Posted 29 January 2024 - 11:47 AM

Short at 4920 and 17565 to start again....



#19 OEXCHAOS

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Posted 29 January 2024 - 12:52 PM

Good work.


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#20 redfoliage2

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Posted 29 January 2024 - 12:52 PM

 

Dips got bought and bounces sold - the market is likely to stay in a tight range before the big earnings reports and the Fed talking.............................. 

Longer term the market is likely on a top, and bulls need to take profit quickly .....................

 

BTW,  the negative correction between SPX and VIX has been broken indicating this bull run is likely ending anytime soon just pending for a trigger .......................