NQ filled that gap from last summer but opened up a new gap yesterday. Algos trying hard to fill the open gap, but I think we get a dip as soon as it does. Probably a short window to short anything because market is obviously melting up.
Not gonna short anything until the gap fills, if the market drops without filling the gap then it's an easy long play either tomorrow afternoon or Wed. I'm sure the gap will fill by the end of the week.
In any case, I made the right call to sell earlier this morning, remember my nickname is "Easy Money", lol. Take the easy money and leave.
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I've got the market whipsawing for the next day or two to get rid of the overbought condition then NQ fills the gap.
Bare minimum I recommend waiting until tomorrow to go long, but I'm probably waiting until Wed unless the indicators show otehrwise.
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Bought a couple of COIN puts as a beer money bet, no real trades until tomorrow afternoon or Wed.
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Looks to me like they're gonna fill the gap tonight and do a pump and dump tomorrow. We'll see.
Definitely a melt up though.
Trade closed manually
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Flipped my coupla COINS, lol. Doesn;t look like teh market is gonna do much though NQ is on it's way to going oversold on MFI. Not there yet.
jumped back in sqqq this am, LOL. Gold miners rippin, woo hoo (got a bunch of FSM leaps). AAPL still may go hit 170 to keep this pig up, tho. You dumped your COIN already??? Thought we were ride or die on these crypto puts together LOL. Note AAPL overbought on the daily and very overbought on mfi... been a solid signal
hungry_hippo
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@mc_speculator, sold when it went red early in the morning, it didn't look like shitcoin was moving much. Had to run an errand and missed out on the dump, lol.
I've got tomorrow as a gap down and reversal. I don't think AAPL is done until it hits the top again and goes way overbought with MFI divergence. ES still has a gap to fill and it can;t do it without AAPL.
mc_speculator
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@hungry_hippo, glad I held my SQQQ yesterday lol (only 500 shares). I do expect dip buying so may take profits and reenter before we really get our big move cause I agree AAPL and ES seems like it wants to gap fill. I will be very annoyed if I missed top ticking AAPL for a few points, though lol. Want to see 170
UnknownUnicorn7131705
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Top ;)
ProjectSyndicate
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nice work, keep it up!
digicool
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Pattern has been to digest ill got gains over many days. 13300 could be the top for a few days -- possibly until Apr 12 CPI ?
hungry_hippo
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@digicool, probably a sideways drift like the beginning of last August. A big down day could change my mind though, just waiting for indicators to drop.
mc_speculator
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couldn't help myself bought sqqq today lol (only 500 shares)
hungry_hippo
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@mc_speculator, I didn't short anything because NQ left an open gap. I was waiting for that gap to fill and missed out, lol. Not worth chasing the tech drop now.
hungry_hippo
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@mc_speculator, make sure you watch NQ, get out when MFI goes oversold. That could happen as soon as tomorrow, though I'm thinking Wed premarket is the most likely. I might take tomorrow off.