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Bullish December - unless derailed by Geopolitical events


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#91 redfoliage2

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Posted 06 December 2024 - 01:12 PM

Deleted


Edited by redfoliage2, 06 December 2024 - 01:16 PM.


#92 redfoliage2

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Posted 06 December 2024 - 01:19 PM

 

 

Sold on the rumor yesterday and likely to be buying on the news for today, seasonality is in the control ................

Job data just out - the nonfarm payrolls and unemployment rate both up for the month of Nov.  With the data out of the way I see the market likely to go higher today as big bozs knew it yesterday but still focused on the end of the year bullish seasonality ....................   

 

For next week we are likely to see SPX to continue on making new highs ...................

 

Well, this looks a typical bullish Friday - going higher in the afternoon with VIX showing bulls are in control.  I'd not be surprised If we see the market making new highs later in the day ........................... 


Edited by redfoliage2, 06 December 2024 - 01:21 PM.


#93 dTraderB

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Posted 06 December 2024 - 01:21 PM

Close es 6103.5

Holding shorts, hedging a bit
Es long 6095

Ym 44715 long



#94 dTraderB

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Posted 06 December 2024 - 01:37 PM

IBIT up again near ATH, now approaching 58. WILL OPEN new PUT position & add above 61

#95 dTraderB

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Posted 06 December 2024 - 02:17 PM

Es long 6090.75

Close es 6103.5

Holding shorts, hedging a bit
Es long 6095

Ym 44715 long



#96 12SPX

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Posted 06 December 2024 - 02:24 PM

Hmmmmmm okay d, I took some off for a 12 point profit but will add back to my initial short 6103....



#97 redfoliage2

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Posted 06 December 2024 - 02:27 PM

Well, VIX just reversed indicating bulls may be losing the control ............................ 


Edited by redfoliage2, 06 December 2024 - 02:28 PM.


#98 dTraderB

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Posted 06 December 2024 - 03:37 PM

58 put

IBIT up again near ATH, now approaching 58. WILL OPEN new PUT position & add above 61



#99 dTraderB

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Posted 06 December 2024 - 03:40 PM

Holding IT short & scalping VST, ST longs.
Got a new ES system similar to NQ system. Testing & post next week. No RSI, STOCH, MOMENTUM etc

Hmmmmmm okay d, I took some off for a 12 point profit but will add back to my initial short 6103....



#100 12SPX

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Posted 06 December 2024 - 04:01 PM

Added back in with that pop but held my short average at 6103 for the weekend, lets see what happens over the weekend!!!