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The Chipotle indicator: Is the economy teetering on a recession or nah?


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#211 12SPX

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Posted 07 November 2025 - 02:33 PM

profit stop 6715...



#212 12SPX

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Posted 07 November 2025 - 02:36 PM

profit stop 6720



#213 12SPX

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Posted 07 November 2025 - 02:42 PM

boom, like a crash up, profit stop 6835



#214 12SPX

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Posted 07 November 2025 - 02:43 PM

There we go, out for a 45 poiint profit



#215 12SPX

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Posted 07 November 2025 - 02:47 PM

call premiums just jumped hugely on the hope of this rally staying up here. 



#216 redfoliage2

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Posted 07 November 2025 - 02:58 PM

 

 

 

maybe a bump... but unless there is a quick solution to GOVT SHUTDOWN the decline continues.,,,, 

It could happen over weekend. I want to hold LONGS over weekend, add as market drops below ES 6650

 

Hmmmmm I wonder if there will be a turnaround, now averaging 6680

 

It's hard to time this kind of things, but one thing is for sure ES will be much higher than it's now as that's how the Wall Street is operated on.  They push it lower just for higher later - that's how they make a living.  BTW, I just added more ES at 6660 ................................

 

Well, I see big boyz by now have got into position and ready to go.  I'd not be surprised if we see ES 6900 before long  ................................

 

If SPX closes the day in green (the chance is good) those who hold short positions over the weekend not going to have fun next week  .............................


Edited by redfoliage2, 07 November 2025 - 03:07 PM.


#217 dTraderB

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Posted 07 November 2025 - 03:01 PM

Trying to go FLAT to small short  ASAP @ about ES 6740

 

GOOD TRADING TODAY,,, want to be SMALL LONG or FLAT by 4pm



#218 12SPX

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Posted 07 November 2025 - 03:26 PM

wow, 33 minutes left and call premium is massive!!



#219 12SPX

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Posted 07 November 2025 - 03:52 PM

For fun I sold the daily 6750 calls for $2.20 with 10 minutes left to go now only 8 and they are down to .50 with that little drop.  I don't mind going short there so lets see



#220 12SPX

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Posted 07 November 2025 - 04:01 PM

I bailed last 2 minutes for a profit of .70 lol!!