NQ Update

MFI rolled over hard at the resistance, melt up appears to be over. Market probably whipsaw next week so watch out.

At this point I'd rather be short on China than long on the US. BTC also hit resistance and rolled over. If anything I expect a dip Monday, not so much a tank, but we'll see.

Oddly I seem to be about an hour ahead of the market this week, lol. Trade timing hasn't been the best but I made money and that's all that matters.

Comment:

Like I said yesterday, you should've cashed out your long positions this morning on the pop.

Trade closed: target reached:

PDD got close enough to my $48 target, I flipped most of the puts. Holding 5 contracts plus a couple of W puts for earnings.

Done playing today.

Comment:

Lots of stocks red today, I think there will be opportunities to short stocks, but I don;t think there's any money to be made shorting indies. Choose wisely, lol.

Comment:

Bailed out of my W puts, FDAX still tracking my overlay. I think it goes up Monday.

Still holding some PDD puts with today's profits though, they won;t pump China. They didn't this morning.

Comment:

Market still melting up, Ponzi payday Friday, it's gotta be 401k money

Comment:

Complete carziness on the melt up, still have the market topping out Tuesday.

Gonna head out to lunch, PDD puts only. Gonna wait until Tuesday EOD to short stuff.

Comment:

Back from lunch, I still think up day Monday but it's dangerous to assume a melt up continues after a weekend....

I suppose the same could be said about the meltdown in China, lol, but gonna hold a few PDD puts. It's daytrading profits anyways.