Typically these sell halfway back to support mid-pattern. Double topping / rejecting from 4600 price zone.
Weakness in small caps and DJT may signal reversal soon. Be wary, be safe!
Weakness in small caps and DJT may signal reversal soon. Be wary, be safe!
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Flipped P&C all day. Small positions. Closed all, looks bearish EOD, not betting on a big bounce. Could close LOTD.Note
took that tiny bounce EOD... as bearish tues as was bullish monday, go figure; probly bounce Weds, sell Thurs, rinse, repeat, etc, etcNote
Gonna waterfall if 4500 breaks imoNote
OW broke o/n, freefallingNote
NB: Futurz were Green until 1am; high likelihood this gap will fill back up to 4525 before it sells more. Gapping down to support zone; shorting into support probably be a disappointment IMO; consider a small gapfill play in daily calls, eh?
Do not bet your farms on any of this! Trade with care, be safe! GLTA!!
Note
Tried calls 3x closed for few pennies, extreme bearishness price remains depressed for hours...likely close at LOTD, done guessing for today. That monster gap will fill but seems not right away...
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Backed up the truck to the call wall after 2pm; in SPY QQQ AAPL Apr call spreads. Bounce baby bounce!Note
Closed longs, futures gap filled. watching it.Trade closed manually
tapped 4450 twice, likely to move higher from here imoNote
Banked calls on gap from EOD lowsNote
Flipped more calls, Starts to look like a failed rally; see what the PM session brings; not chasing this.Note
Looks like it wants to close the am gap... rallied to a lower high mid-day; feels bearish it's def not bullish imoNote
Look back to October and December, just last month in March. When the corrections were over, it got BULLISH AF!!! Up, Up and Awayy it was, never looking back, rising to meltup.Now it's not so darned bully, it's rallied to series of lower highs. Looks like it's gonna sell again IMO. NOT chasing, closed all longs. Selling is not done IMO, could get real ugly if this support zone fails.
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Closed the gap up which was a close for the gap down Monday. Will it bull now? IDK... no position, flipped puts on the gapfill, done.Note
NB: O/N futurz traded to 3384 SPX. See if they fill the futurz gap now.Note
Yeah it's bearish. Resistance at 4410 now and rejected from 4450. Probly seek lower soon IMO.Related publications
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.