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HUGE DATA WEEK - caution


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#121 12SPX

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Posted 31 January 2025 - 12:29 PM

Sorry I'm not at my computer all the time but everyone knows I always profit stop so I was out for 1 point profit and starting my new short build at 6140....



#122 dTraderB

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Posted 31 January 2025 - 12:31 PM

Totally VST trades today NQ, ES
Very small net short but will start to add with new SPY, QQQ, DIA PUT positions above ES 6145 & 6170

Closed long 1 each es, nq, ym @ 6117.5, 21779, 45117

Net short 1 each



#123 12SPX

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Posted 31 January 2025 - 01:24 PM

Guess the market doesn't like those tarriff comments, profit stop 6135 sell above



#124 redfoliage2

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Posted 31 January 2025 - 01:29 PM

 

PCE data out with MOM core PCE 0.2% up from previous 0.1% and YOY core PCE stayed at 2.8%.  Not as good as the rumor said yesterday...........................

Just take a look at AAPL today this looks a pump to dump move.  AAPL got sold from opening high 247 to below 240 likely by institutions....................

 

I see another wave of dumping in the afternoon by pension funds as we are still in the EOM rebalancing time window ....................


Edited by redfoliage2, 31 January 2025 - 01:34 PM.


#125 12SPX

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Posted 31 January 2025 - 01:29 PM

profit stop 6130, sell above



#126 12SPX

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Posted 31 January 2025 - 01:30 PM

 

 

PCE data out with MOM core PCE 0.2% up from previous 0.1% and YOY core PCE stayed at 2.8%.  Not as good as the rumor said yesterday...........................

Just take a look at AAPL today this looks a pump to dump move.  AAPL got sold from opening high 247 to below 240 likely by institutions....................

 

I see another wave of dumping in the afternoon by pension funds ....................

 

Could be part of it but the selling started as soon as it was confirmed tarrifs go into effect tomorrow



#127 12SPX

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Posted 31 January 2025 - 01:35 PM

profit stop 6110, for sure sell above



#128 12SPX

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Posted 31 January 2025 - 01:38 PM

And now were red, wow!!! 



#129 redfoliage2

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Posted 31 January 2025 - 01:40 PM

And now were red, wow!!! 

No joke, it's a pump to dump game ...........................



#130 12SPX

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Posted 31 January 2025 - 01:44 PM

Gotta love the volatility of Trump lol!!  Out for a 30 point profit and back in at 6115 to start a short build!!