Probably close to a meaningful pullback zone at the .62 fibo from Jan 3 highs. OFC it can always creep higher, been on rally 9 days now, usually means a dip to be expected.
Overbought in every timeframe now.
Overbought in every timeframe now.
交易進行:
Opened single bear put spread fri eod in qqq 359/354; see what we get
評論:
Gonna get a right shoulder setup from here imo
評論:
Gosh gimme more bad news, yields inverted, rates hiking, Russians invading, and it bulls like Hell.
Apparently i simply do not understand when to buy stonks; need to back up the truck on bad news, a recession would be perfect now just load up!
I suppose this could be the blowoff move that crushes bears and sets up for the next cascade.
Apparently i simply do not understand when to buy stonks; need to back up the truck on bad news, a recession would be perfect now just load up!
I suppose this could be the blowoff move that crushes bears and sets up for the next cascade.
交易進行:
Shorted, covered, shorted EOD. Likely to gap up IMO so my pos is small, 3 contracts on SPY 458p Apr 11. Sometimes this kind of action is followed by a gap down, or more likely a gap up and then sell back down.
Topping in this price zone IMO. Significant pullback likely, probly test support ~4500.
Cheap easy play on this are SPXU calls, two weekers trading ~40c.
Topping in this price zone IMO. Significant pullback likely, probly test support ~4500.
Cheap easy play on this are SPXU calls, two weekers trading ~40c.
手動結束交易:
Closed calls all in cash don't have a good feel about this, watch & wait.
評論:
Gosh DJI -.5%, NQ +.5%, just nuts. MOMO in tech, small caps flat, blue chips selling... hidden bearishness IMO
