
MAJOR RESISTANCE LEVEL
#11
Posted 17 June 2024 - 08:34 AM
WILL ROLL NQ
HOLDING 2 each ES & NQ SHORT
#12
Posted 17 June 2024 - 08:35 AM
#13
Posted 17 June 2024 - 08:36 AM
Closed all nq june shorts
Will open SEP later
Rolled all ES JUNE SHORTS INTO SEP
WILL ROLL NQ
HOLDING 2 each ES & NQ SHORT
#14
Posted 17 June 2024 - 08:47 AM
Slow start this morning as its another dreary day here but I am just sitting and waiting with my June contract shorts of 5400 and 19335 but overnight did start shorts at a beautifully rounded numbers of 5500 and 20,000 for the September contracts. When I roll the June numbers over I'll let you know what my averages are, we'll see if I have to this week. Market remains extremely overbought with true sentiment (calls and puts) way to much on the bullish side while bond yields are really going nowhere. This is also an expiration traded week and were sitting very near my upside numbers so I would assume at the least volatility is going to kick up either way. Would be nice to first see a -1.5 to -2% total correction but as I noted last week about the last time we even saw a -2% one day correction it could get interesting....
#15
Posted 17 June 2024 - 09:12 AM
#16
Posted 17 June 2024 - 09:14 AM
THIS CAN SPIKE UP BUT I WANT TO LIQUIDATE AS MANY LONGS AS POSSIBLE ON ANY RALLY
Slow start this morning as its another dreary day here but I am just sitting and waiting with my June contract shorts of 5400 and 19335 but overnight did start shorts at a beautifully rounded numbers of 5500 and 20,000 for the September contracts. When I roll the June numbers over I'll let you know what my averages are, we'll see if I have to this week. Market remains extremely overbought with true sentiment (calls and puts) way to much on the bullish side while bond yields are really going nowhere. This is also an expiration traded week and were sitting very near my upside numbers so I would assume at the least volatility is going to kick up either way. Would be nice to first see a -1.5 to -2% total correction but as I noted last week about the last time we even saw a -2% one day correction it could get interesting....
#17
Posted 17 June 2024 - 09:18 AM
#18
Posted 17 June 2024 - 10:07 AM
#19
Posted 17 June 2024 - 10:17 AM
I just can't believe these option prices indicating this much bullishness is insane actually, don't know if I have ever seen it like this before to be honest.
#20
Posted 17 June 2024 - 11:33 AM
4 yen short