shhhhhh so quiet, markets quiet, no one have any opinions guess its that -10--15% invisible correction lol!! Yesterday it seemed the market got affected by Tom Lee's comments, today,,,,that's old news lol!!!
"INFLATION PANIC SETS IN .... SUCKERS' RALLY"
Started by
dTraderB
, Nov 13 2021 08:55 AM
92 replies to this topic
#62
12SPX
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Posted 18 November 2021 - 11:05 AM
Hmmmmm profit stop 4679 will start selling right above if hit!!!
#63
12SPX
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Posted 18 November 2021 - 11:15 AM
And there you go, out for a 4 point profit and now starting my short build at 4683!
#64
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Posted 18 November 2021 - 12:52 PM
Quite the pop back, didn't think it was going to do that but nonetheless average short now 4691!!!
#65
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Posted 19 November 2021 - 08:07 AM
Well wasn't that interesting. ES sat around 4720 all night was so weird but it brought my average short up to 4701. Profit stop 4700 for the cash open but may hang onto this a bit longer!
#66
dTraderB
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Posted 19 November 2021 - 09:10 AM
ADJUSTING HEDGES, MORE RISKS...
ES LONG HEDGE 4691
CLOSED 1 NQ HEDGE LONG 16558.5 + 460.25 POINTS
MAY REOPEN BEFORE MARKET CLOSE LATER
small net green for the week, will add more shorts on new ATHs
flat crude now,,, will short bounce
78 QQQ PUTS
19 SPY PUTS -- datraded this yesterday
1 NQ HEDGE LONG
1 ES HEDGEL LONG
34 VXX CALLS
FLAT NAT GAS -- WILL RESHORT IF ABOVE 5.2
OPEX weeks are volatile but this is crazy!
Can't even daytrade VST!
74 QQQ PUTS
2 NQ HEDGE LONG10 SPY PUTS
28 VXX CALLS
Flat crude, nat gas
Edited by dTraderB, 19 November 2021 - 09:11 AM.
#67
dTraderB
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Posted 19 November 2021 - 09:13 AM
busiest week since ?? who knows, crazy November, insane intrabar volatility
market behavior indicative of a top
Update: Great continued follow through here for #ES_F off 4675 support today - first resistance remains 4720ish getting close. Now that we've rallied bulls dont want to see a collapse back toward/under 4675 or we could start a significant sell. Trail stops/manage risk
5
11
126
4720 target clipped in overnight session! - 4745 next above here
#68
dTraderB
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Posted 19 November 2021 - 09:15 AM
We have another breadth divergence on our hands: A-D Line is 3383 net advances below its previous high.
#69
dTraderB
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Posted 19 November 2021 - 09:15 AM
If the current positive correlation in this leading indication relationship continues, then things are about to get a lot uglier for the stock market. But if it inverts again, as it has done before, then I won't know what to think about it.
#70
dTraderB
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Posted 19 November 2021 - 09:16 AM
And we got a Hindenburg Omen today too. NYSE NH & NL both above 2.8% of A+D, while McClellan Osc. negative, and NYSE Comp above value of 50TD ago.
Quote Tweet
Kip Herriage
@KHerriage
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17h
407 Nasdaq stocks hit a new 52 week low today. Worst reading since late March, 2020. Yep…”that” March. What is up with this? Anyone have thoughts?
