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DaddySawbucks
Mar 9, 2021 9:51 PM

DJI Futurz Double-Topped in Bear Shark Cypher  Short

CBOT_MINI:YM1!180
E-mini Dow ($5) FuturesCBOT

Description

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Sell DJI. Correction imminent. Trade at your own risk, GLTA!!

Trade active

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Shorted in Mar 322P

Comment

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Added on the intraday lift. See if we get another EOD sell; this rally has weak legs, tried to trade calls twice and lost bank on both trades ffs

Comment

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It's rotation out of NQ FAANGs into DJI blue chips IMO; hanging on to bear spreads

Comment

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Inflation data hammered NQ but they bought more of this. If no EOD sell, headed for ATH at close. Added spreads.

Comment

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Holding on by bloody fingernails. Rolled short legs up for a credit. Probly gonna need to close this idea fgs.

Comment

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I closed out for a push on the EOD small sell, try again tomorrow IMO don't care to hold this overnite, eh!

Order cancelled

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Yeah this was a fakeout lol. Gap and go... ATH, doh!
Harmonic PatternsChart PatternsTechnical IndicatorsDouble TopPin Barcorrection
Comments
ProfitHarvest
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When @DaddySawbucks confirms the bear case, you better watch out!

We're also potentially at the head of a 3rd LL H&S over on SPX...
DaddySawbucks
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@ProfitHarvest, LOL most of my followers have done well buyin calls when I go bear, haha!!
Nice chart btw... fake break IMO, fell back into the DT channel EOD
z3m25
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Look at the 5 minute. It's a double top inside a double top.
Nayem1234
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Great idea
DaddySawbucks
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@Nayem1234, hope so
TanukiTrade
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Hm nice butterfly!
I hop at least one of us closing in profit these times....
DaddySawbucks
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@mrAnonymCrypto, I think you might be right as a parabolic blowoff is expected at end game, fifth wave... puts didnt work so well lol.
TanukiTrade
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@DaddySawbucks, I'm not expecting parabolic blowoff, just some upside move.
The green curve is my profit curve for the verticxal spread.
Mark_demariya
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great...
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