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Nemo_Confidat
Feb 7, 2021 3:49 AM

Nasdaq100 - SHORT; SELL it! Short

E-mini Nasdaq-100 FuturesCME

Description

Like the title says.

The Weekly

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Here is the Nasdaq100 Quarterly (3 Month) chart;

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Here is the same - above - chart on a Log Scale;

... if it makes anyone feel better ;-)

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Here is the combined Quarterly post;

Trade active

SHORT

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This should be getting under way.

Trade active

SHORT

Comment


Went into the weekend FLAT, getting a "scratch" ($0) on the way out.
We have a ton off Sell Stops, right under here, anticipating next week's action.
This is indicating perfect indecision here! (The G.S. shows Up, everything else calls for a dump!)
We'll wait for the weekly open and at the first sign of weakness, will Short this something fierce!
Incidentally, last week's SMI sentiment indicator, the PMI print indicates a top in the equities and a bottom in the UD. Which will make this a massive Short for quite some time to come!

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This one is also showing a significant turn (bottom) here!.- Which means: Good night US Equities, across the board!

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BTW, here are the Safe Haven trades, should the need arise;

Trade closed: target reached

FLAT - for now; +120 pts

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Most likely scenario ...

Trade active

LONG

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FLAT; Scratch

Trade active

LONG

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Moved Stops to break-even!

Trade closed manually

FLAT; +30 pts.

Trade active

LONG

Trade closed: target reached

FLAT; +50 pts.

Trade active

SHORT

Comment

The FAANGs

Trade closed: target reached

FLAT; +66 pts.

Trade active

LONG

Trade closed manually

FLAT - for now; +80

Comment

It's done, ...

... put a fork in it!

Trade active

SHORT

Comment


Lower those Stops!

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One can drop those Stops to break-even.

Trade closed manually

FLAT - for now; +308

Slightly over-sold, for now.

Comment

Trade active

LONG

Buy it up!

Trade closed manually

FLAT - for now; +90

This is likely to chill here for a while. Take the fast money!

Trade active

LONG

Trade closed manually

FLAT - for now; +46

Take the money. The R/R sucks here!

Trade active

LONG

Trade closed manually

FLAT; -34

Comment

TV hasn't been working and just came back 5 mins ago.

Trade closed: target reached

FLAT; +240

Trade active

SHORT

Trade closed manually

FLAT; -28

Trade active

SHORT

Trade closed manually

FLAT; +152

Trade active

LONG

Trade closed manually

FLAT; +157

Trade active

SHORT

Trade closed: stop reached

FLAT; -24
Garden variety Stop Hunt.

Trade active

LONG

Trade closed: stop reached

FLAT; -38

Trade active

LONG

Trade active

LONG

Trade closed manually

FLAT; +120

Trade active

LONG

Trade active

LONG

Trade closed: target reached

FLAT; +450

Trade active

LONG

You know(!!) they're going to Stop Hunt this Final Top, one more time, before a whole sale collapse!

Trade closed manually

FLAT - for now; Scratch (0)

Trade active

SHORT

Trade closed manually

FLAT - for now; +600

Trade active

SHORT

Trade closed manually

FLAT - for now; +342

Trade active

LONG

Comment

Trade active

LONG

Comment

LONG

Trade closed manually

FLAT; +240

Trade active

SHORT

Trade active

SHORT

Trade active

SHORT

Trade closed: target reached

FLAT; +272

Trade active

SHORT

Trade closed manually

FLAT; +10.00

Trade active

SHORT

Trade closed: target reached

FLAT - for now; +317

Trade active

SHORT

Comment


Expanded intermediate SHORT Target and lowered Stops to 12928.

Trade closed manually

FLAT - for now; +242

Trade active

SHORT

Trade closed manually

FLAT - for now; +126

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Made a lot of money here!!

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Here is the Fresh Post;
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peltouny
Long Call: Buy 21x 19th Feb $25.00 Call @ $0.14
Entry cost: $294.00 (debit)

Maximum risk: $294.00

Est. return1 at target price: $10,206.00 (3471.4%)

This is my current hedge that might end up saving my oil position if need be. Very nice insight-- thanks !
Nemo_Confidat
@peltouny, Cheers
ProfitHarvest
Cool
Nemo_Confidat
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