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Bullish December - unless derailed by Geopolitical events


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#81 12SPX

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Posted 06 December 2024 - 09:16 AM

Hmmmmmm well starting my short build at 6098 for the cash open, market doesn't seem to be going anywhere fast but that is what unhealthy markets do until they finally break for a flush lower....



#82 redfoliage2

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Posted 06 December 2024 - 09:22 AM

 

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 ...................


Edited by redfoliage2, 06 December 2024 - 09:28 AM.


#83 dTraderB

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Posted 06 December 2024 - 09:29 AM

Will close these 2 overnight hedge longs & add PUTS above yesyerday's CLOSE. NOT URGENT BUT BEFORE another intraday pullback

Market suddenly came alive!

Long 1 nq 21428.5

Long 1 ym 44834



#84 12SPX

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Posted 06 December 2024 - 09:34 AM

In and out for 1 point profits and with this last push starting my short build at 6100 once again as everyone knows I love those even numbers lol!! 



#85 12SPX

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Posted 06 December 2024 - 09:53 AM

And just like that average short 6105....



#86 12SPX

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Posted 06 December 2024 - 11:26 AM

Although I shouldn't profit stop 6100, sell above.....



#87 12SPX

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Posted 06 December 2024 - 11:33 AM

Out for a 5 point profit and starting a new short build at 6103 as I just can't not sell above 6100 lol!! 



#88 12SPX

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Posted 06 December 2024 - 12:33 PM

This market is running on fumes as there is no volume, bullishness and sentiment through the roof, calls way over priced the March ES contract over 80 points above cash, we haven't even seen a -1% correction since late October.  This is why I'm going to hold out and just add to my short....



#89 dTraderB

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Posted 06 December 2024 - 01:04 PM

Ym 14715 long

#90 dTraderB

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Posted 06 December 2024 - 01:06 PM

Holding shorts, hedging a bit
Es long 6095

Ym 44715 long