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SEPTEMBER SWOON... then HUGE RALLY


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#11 12SPX

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Posted 04 September 2024 - 09:14 AM

whoops out with a 75 point profit



#12 12SPX

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Posted 04 September 2024 - 09:38 AM

okay boy I need more coffee still have one ndx left lol, profit stop 19000 likely buy below but because I believe volatility is here to stay I'm starting a short build on the ES at 5550....



#13 dTraderB

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Posted 04 September 2024 - 09:47 AM

Close nq long 19035
Close es long 5552 5

#14 dTraderB

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Posted 04 September 2024 - 09:49 AM

Could be wrong but I think more pullback ahead before big rally to new ATH after 50pt FED RATE CUT.

With ya this morning d, took profits on my 5585 short from yesterday this morning for a profit of 60 points and went long on the ndx at 18875 profit stop 18876.  Market is resolving its overbought condition but we'll see how the day goes.  I'm sure the guy who bought the 300 million bet on the Vix around 22 call options is taking some profits this morning lol!!  It is looking like September will be volatile for sure.



#15 12SPX

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Posted 04 September 2024 - 09:57 AM

Kinda agree I just think volatility is going to be here for while, profit stop 19050....



#16 12SPX

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Posted 04 September 2024 - 10:01 AM

profit stop 19075



#17 12SPX

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Posted 04 September 2024 - 10:09 AM

okay last ndx out for a 225 point profit lol!!  Short build on the ES at 5550



#18 12SPX

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Posted 04 September 2024 - 10:23 AM

profit stop 5549 sell above



#19 12SPX

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Posted 04 September 2024 - 10:36 AM

Walk away to get coffee and your suddenly seeing a long fill on the ndx at 19000



#20 12SPX

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Posted 04 September 2024 - 10:40 AM

profit stop 5540