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Steversteves
Jan 18, 2023 2:31 PM

Trade plans/ideas: BA, IWM, DIA etc 

Boeing Company (The)NYSE

Description

Trade thoughts today on BA, IWM, DIA, NG, ES1!

Just my thoughts, trade your own plans!

Safe trades everyone!

Comment

Ended up actually getting my way!
The probabilities held up and we saw ES1! tank to my target area (yellow box).

I am currently short on IWM and SPY. Did attempt to short off open but that resulted in a stop out so flipped long to roughly the 189 target (took profits on the consolidation). Then flipped short and remain short on it currently to the 99% target.

Better day than yesterday despite the 1 stop out. :-)

Hope you are all having a great day!

Comment

OKay scaled out half of my position at the 99% target (IWM). Still holding my full SPY position short but set a SL. Its looking like a potential bearish trend day :O.

Quite the dramatic shift and abrupt! Surprised but really really happy.

Comment

SPoke to soon, lol! Its pulsing up. Out of everything now :-). Paperhands.

Done for the day.

Good luck everyone! And let me know your questions/comments/analyses!
Comments
aipine
I was about 60 seconds late on my entry for IWM, the price dropped before my limit order could fill. I did have a nice play on SPY though, so that makes up for it. :) What are the chances we see a bounce / run back up tomorrow? This market is in chaos. Keep up the good work.
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