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24,643,149 Views | 233293 Replies | Last: 3 hrs ago by Heineken-Ashi
$30,000 Millionaire
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very important - do not be fooled by a bounce to 4320 from here. That is probably a shortable bounce. Price needs to confirm for a couple candles before you can consider longs.
You don’t trade for money, you trade for freedom.
Touchless
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That one poor ******* that sold $65 below current prices is really screwing up the chart on the daily. Can't zoom in like normal.
Bob Knights Paper Hands
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QQQ bounced a bit, but the green volume is low. Does not give me a lot of faith. It's still the opening hour so maybe this is a fakeout?
$30,000 Millionaire
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I have meetings in a minute, but looks like I don't want to do anything right now anyway.

  • Trin still rising (bad)
  • VIX rising (bad)
  • Ticks negative (bad), but not -1200 (means selling slowing down)
  • EUR/USD has sold off all day (bad) but looks to be bottoming (good)
You don’t trade for money, you trade for freedom.
Max Stonetrail
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Touchless said:

That one poor ******* that sold $65 below current prices is really screwing up the chart on the daily. Can't zoom in like normal.
I would like to have been the lucky person on the other side that bought. I didn't think most trading platforms allowed you to enter a transaction that far away from the current price.
Bob Knights Paper Hands
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VIX went back over 34.
$30,000 Millionaire
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The aggressive trader can consider being long after a 15 minute bottom and positive ticks. we have neither yet.
You don’t trade for money, you trade for freedom.
Charismatic Megafauna
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Yahoo showing 0 volume on that big red 8:45 candle. Feels like shenanigans
Edit: now it's showing volume on that one and no volume on the 9:47. Possible yahoo just sucks
Everybody loves a dirt road
McInnis 03
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That SPY low is f'ing everything up.
$30,000 Millionaire
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The $TRIN is comically high now. These are extreme readings.
You don’t trade for money, you trade for freedom.
Spoony Love
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Feels like things are winding up for a drop, and I hope I am wrong. VIX spiking, NQ down >3%, it's looking rough
$30,000 Millionaire
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McInnis 03 said:

That SPY low is f'ing everything up.
use SPX
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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$30,000 Millionaire said:

McInnis 03 said:

That SPY low is f'ing everything up.
use SPX
you should be trading SPX at this point anyway.
You don’t trade for money, you trade for freedom.
Irish 2.0
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Feels like we're mimicking international markets move yesterday. Hard for me to tell though since I'm working the real job today
$30,000 Millionaire
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OK, last post for a while.

you really need to watch 4270 on /ES.

If we confirm under that, hold on to your butts, buy puts, stop there.

If we bounce off it, that's your stop.
You don’t trade for money, you trade for freedom.
Brian Earl Spilner
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Philip J Fry
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ProgN said:

What's everyone targeting today?


Watching WEAT for my exit point.
ProgN
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$30,000 Millionaire said:

I have meetings in a minute, but looks like I don't want to do anything right now anyway.

  • Trin still rising (bad)
  • VIX rising (bad)
  • Ticks negative (bad), but not -1200 (means selling slowing down)
  • EUR/USD has sold off all day (bad) but looks to be bottoming (good)

You're definitely riding shotgun from now on when I go to parties.
Carlo4
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2wealfth Man
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bat **** crazy
Brian Earl Spilner
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She really IS the rally girl.
Engine10
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Growth stonks with no profits rn, according to my toddler


sts7049
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TSLA looks like it wants to make a move....

McInnis 03
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McInnis 03 said:

Any y'all in MGI now? I jumped in on leaps after the recent rumors of acquisition, something's being mentioend on offers this morning and leaps are running.




Bob Knights Paper Hands
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We are reaching the close of opening hour. Will the market decide what it wants to do after that? The shadow knows.
Philip J Fry
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I didn't realize that the NQ was trading below the 200ema.
McInnis 03
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$30,000 Millionaire said:

$30,000 Millionaire said:

McInnis 03 said:

That SPY low is f'ing everything up.
use SPX
you should be trading SPX at this point anyway.
The kiddy pool is more than fine for me thank you very much.
Engine10
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EPD and KMI nice bounce out of the morning hour pressure

Bob Knights Paper Hands
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I bought TQQQ again today. Bracket sell at $60 and $52.50. I'll adjust if necessary.
BrokeAssAggie
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Brian Earl Spilner said:


LFG.. get it girl!
Bob Knights Paper Hands
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Move lower stop to $53.2 (purchase price).
Brewmaster
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lol, buy buy buy! careful, VIX pushing up here.

cageybee77
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hmmm.....ELOX jumped a bit this morning. probably nothing.
BaylorSpineGuy
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Too busy to trade but if you followed my MA, COST, SPOT, and CAR puts, you're rolling today!

I'm only shorting MA. Earnings Thursday.
59 South
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Too busy making sure I don't mess my work project up - thanks 30k for the career advice reiteration...

Just wanted to note something I found interesting this morning. If I'm seeing this correctly, daily volume yesterday on QQQ and IWM was more than any day in March 2020. QQQ was highest daily volume since August 2011. That means something and can't just be chalked up to 'short covering' as a lot of permabear fintwit dorks are rooting for.

Previous daily volumes on these have signaled either medium/long term bottom, or first bottom with successful retest coming within a few weeks. Makes sense with beat up tech and small caps.

SPY kinda similar but not as out of the ordinary. Less volume than 2020, 2018 (2x), 2016, 2015.
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