Dec 2018 laid over Dec 2021. look for twin towers, a double failed rally top before the throwover.
Speculate foolishly at ur own risk; DYODD; GLTA!!
Speculate foolishly at ur own risk; DYODD; GLTA!!
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Yeah no fading back to oversold. Don't try to short it again just yet!
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Got a shark pattern forming 'W'
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Got an H&S intraday in SPX, QQQ
Trade active:
Flipped ten QQQ 400 puts for a buck
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Flipped more puts, closing the gap. becomes choppy! This is not a new bull market, it's a bear rally IMO
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Flipped calls off the gapfill
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OMG....woww
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AH futures turning green again, looks like an impulsive move, probly got a fourth wave dead cat bounce and the finishing move to follow. Short the rally IMO.
FYI I did not catch the EOD selloff, actually flipped calls after the big move in qqq down to 390, it popped up to nearly 392 so i closed and went for a break, come back to see OMG it's 387>386 fgs!!
Pure luck and chance to catch these finishing moves IMO. Be REAL careful about chasing these shorts, buying puts EOD AH is almost always a mistake!
FYI I did not catch the EOD selloff, actually flipped calls after the big move in qqq down to 390, it popped up to nearly 392 so i closed and went for a break, come back to see OMG it's 387>386 fgs!!
Pure luck and chance to catch these finishing moves IMO. Be REAL careful about chasing these shorts, buying puts EOD AH is almost always a mistake!
Not trying to fade this gap, they have been persistent and can get bullish. Scalped a few pips off early fade, back in cash.