Gap to fill on the 1 week NYSE around $242? These are really helpful, thank you for posting!
FXtelepath
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@jp714, no problem, was going to make a whole video about SQ on my channel but not sure yet. But yeah, if this 1h demand fails, then i will look at the daily chart for buys, and if that demand zone fails, then i see it going down to the weekly area you are talking about at around 225, where i will be loading up the truck haha
jp714
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@FXtelepath, I'll follow you if you do - Same here, would like to find a good entry but not now - Any thoughts or projections for a dip under 265 next week? I shorted my march 19 call by accident actually for 260 10 contracts @ 5.90 each and I'm getting killedddd....praying it comes down today even to 265 but extremely worried for next week - open to your suggestions or ideas if you happen to have any, im bullish long but now im sensing a drop in the next few weeks....
FXtelepath
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@jp714, yeah its a tough call and i dont like to guess. I will buy pullbacks with a stop below, and if it fails i look to one timeframe higher to find a zone, and then if that fails i expect a big drop. I think it will struggle to get below 250 to be honest and if it does, could take a week or so. It is hard to tell in these bull markets, hope the best for you. WIll keep posting on tradingview, i have a free discord group if you want to join, mostly forex, but some stocks too. Up to you! I am more active in there
jp714
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@FXtelepath, That helps and I appreciate hearing others perspectives especially in this situation - I followed you on youtube and I'll look for the discord now, really do appreciate the time!!! Hoping for the best like you said!
FXtelepath
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@jp714, great thanks, link is in the description of a video. Have a good weekend