Closed the damned thing took small hit rolled into 296 and pushed it for a flat. Astounding how they bull the gdmnd thing. An obvious trap but the squeeze is ferocious. Watch, wait.
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I spose a stupid rally may boost over 4k and close the June gap at 4118. Perhaps breaking up from near-term bottom. Nutty rallies in bear markets kill shortz, be carefull fgs.
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Nuts!
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Triple top formation under 4k. There is a gap at 4018 remaining to fill and I'm reluctant to enter any shortz until it does. Could be today imo.
Slight opening weakness almost certainly technical profit-taking. Dip buyers anxious with FOMO...
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Played a few calls then caught a small short on the pullback. IDK bout this, can still try one more push to close the 4018 gap, I thought it would get there today.
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50 pips to close the june gap here
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Expect a blowoff to close the gap but im holding nothin overnite; glta
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Exhaustion gap, pump n dump imo
Trade active
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Flipped 20 qqq puts in open, +1k fast. Now dicey no position, might get higher before lower
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Overnite futurz had spx around 3930 and we got that right away. Now is crapshoot. could bull again then sell, wait, watch. Small positions!
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Flipped few calls then few more puts, choppy whipsaw typical of topping action. Does feel like a 4th wave in minor impulsive wave from Tues. I do expect higher Fri.
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Lol needed calls again, imagine that!?! Holding onto gains really hate to give it back EOD... :-( Damned meltups!
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NB: Only index up today is NAZ. RUT, DJT, DJI all modestly lower. SPY lifts b/c it's 25% NAZ. Looks, feels like a fourth. No big shortz yet.
Robots, friend. These insane swings would be only 1% or so per day (which is nuts enough), but the algorithms push it to 2-3pts. Simply insane...and indicative of a very unhealthy market environment.
hungry_hippo
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Time to draw up a new chart buddy.
I had cryptos going down until the Fed, but changed up my chart this morning. The drop yesterday afternoon was just a gap fill on NQ, nothing more
DaddySawbucks
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@hungry_hippo, yeah we got a runaway gap today, never filled, probly gonna bull for a week eh
hungry_hippo
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BTW, you were right about NFLX earnings.... not as bad as expected, lol.... up AH
DaddySawbucks
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@hungry_hippo, yeah those $30 puts gonna be $4 in am, i didnt touch em
vshee1ocdsd
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You would be surprised. 3 years at least
aliengr116
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@DaddySawbucks is this still bear market rally?. Earnings are not great still they are pushing up.. how high can we go?.