AirShip portfolio has been red all morning despite a 100 point pop in Tran
SPX 3400 or 2900, which way first?
Started by
dTraderB
, Jul 27 2020 05:50 AM
201 replies to this topic
#21
K Wave
-
- Traders-Talk User
- 26,726 posts
Member
Posted 27 July 2020 - 10:37 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#22
K Wave
-
- Traders-Talk User
- 26,726 posts
Member
Posted 27 July 2020 - 10:38 AM
And now RUT goes red...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#23
K Wave
-
- Traders-Talk User
- 26,726 posts
Member
Posted 27 July 2020 - 10:39 AM
VIX attempting launch after back testing 5 min 900 support...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#24
K Wave
-
- Traders-Talk User
- 26,726 posts
Member
Posted 27 July 2020 - 10:44 AM
Likely getting very close to potentially big decision for SPX....
Came up this AM to set the pivot right where would be expected
Now we see if the 5 min continues to hold or not...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#25
12SPX
-
- Traders-Talk User
- 12,524 posts
Member
Posted 27 July 2020 - 11:07 AM
Out for a 10 point profit, 25 so far yesterday, today not a bad start to the week. All sold options up and down seeing premium decay which is always great. Can almost take profits off of my 3500 calls as they're approaching the $1 level! Headed to tennis soon so likely start looking for a short if we head back up here!
#26
K Wave
-
- Traders-Talk User
- 26,726 posts
Member
Posted 27 July 2020 - 11:18 AM
Could be minutes away from important decision....
SOX has been pretty strong this AM...if it can take and hold 2100, then bulls may win out here....
But if we take out the recently made swing low, then bears may start to take over.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#27
K Wave
-
- Traders-Talk User
- 26,726 posts
Member
Posted 27 July 2020 - 12:25 PM
SOX pounding away on 2100 after reclaiming key 2075 level this AM and then subsequently holding it on the back test
Hard to get too bearish as long as 2075 continues to hold...and if 2100 gives way, bulls could romp this afternoon....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#28
K Wave
-
- Traders-Talk User
- 26,726 posts
Member
Posted 27 July 2020 - 12:36 PM
Crude moving back up nicely after the failure to breakdown this AM...
that could have been a very key pivot for crude going forward
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#29
K Wave
-
- Traders-Talk User
- 26,726 posts
Member
Posted 27 July 2020 - 12:59 PM
Quite the battle here....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#30
12SPX
-
- Traders-Talk User
- 12,524 posts
Member
Posted 28 July 2020 - 07:23 AM
At the open yesterday afternoon I started going short right up to the 3247 and got an average 3238 and now currently sitting on a profit of 3225, see what happens after the open....There still seems to be a lot of hope as out of the money calls are still holding their values so seems there is more pressure for some downside action today!
