216 replies to this topic

[dTraderB]

CLOSED CRUDE 77.25

WILL OPEN NEW WTI CRUDE LONG below $76
Add LONGS belowv75.5, 74.90

ES 4942 HEDGE LONG
NQ 17661 HEDGE LONG

Will add A50 LONG below 10950 & HSI LONG below 19600
"Buy during US SESSION & TAKE PROFITS IN ASIAN SESSION"

[redfoliage2]

 

 

 

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 ....................... 

 

Another overarching factor is the drying up of the liquidity at this juncture resulting in only rotational moves among sectors .......................

 

Yesterday's rapm up had nothing to do with coming earnings reporting, ...................

Edited by redfoliage2, 30 January 2024 - 10:06 AM.

[dTraderB]

GOOGL 150 CALL
LIMIT ORDER TO BUY MSFT 410 CALL

STRANGLES for MSFT $ GOOG

Earnings from Microsoft (MSFT), Google parent Alphabet (GOOGL), Advanced Micro Devices (AMD),

[12SPX]

 

 

 

 

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 ....................... 

 

Another overarching factor is the drying up of the liquidity at this juncture resulting in only rotational moves among sectors .......................

 

Yesterday's rapm up had nothing to do with coming earnings reporting, ...................

 

So glad someone knows exactly why the market moves, wish I knew I'd be a trillionaire!!! 

[redfoliage2]

Well, with yestrday's breakout the road for the current bull run is extended, now bulls are aiming at SPX 5000.  But let's see.  Meanwhile, dips are likely to be bought ...............................

Edited by redfoliage2, 30 January 2024 - 10:54 AM.

[dTraderB]

MSFT 410 CALL

GOOGL 150 CALL
LIMIT ORDER TO BUY MSFT 410 CALL

STRANGLES for MSFT $ GOOG

Earnings from Microsoft (MSFT), Google parent Alphabet (GOOGL), Advanced Micro Devices (AMD),

[12SPX]

Average ES short 4935...

[dTraderB]

ES 4954 IMPORTANT RESISTANCE LEVEL
Breakout above that will likely rally to 5k.
4 days with important teports, earnings, FED MEETING etc this week to achieve 5k.

"4954. Major resistance back in November 2021 (we set a significant high here), December 2021, and Jan 2022. Horizontal."

[redfoliage2]

ES 4954 IMPORTANT RESISTANCE LEVEL
Breakout above that will likely rally to 5k.
4 days with important teports, earnings, FED MEETING etc this week to achieve 5k.

"4954. Major resistance back in November 2021 (we set a significant high here), December 2021, and Jan 2022. Horizontal."

With the curreent setup I see ES 4954 is unlikely to stop the bull run ...........................

[12SPX]

ndx profit stop 17600