sideways is boring
Stock Markets
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Last: 4 hrs ago by Heineken-Ashi
sts7049 said:
sideways is boring
Don't knock it until you try it.
Spy has failed to close above the 5SMA on the hourly chart so far today and squeezing hard on the 5-min now. I'm personally watching for a downside move before close.
Very boring.sts7049 said:
sideways is boring
I think this is indicative that most of the big money is waiting to see what J Powell says tomorrow.
I think they're also just content to let it chop here and kill premium.Max Stonetrail said:Very boring.sts7049 said:
sideways is boring
I think this is indicative that most of the big money is waiting to see what J Powell says tomorrow.
BREwmaster said:I think they're also just content to let it chop here and kill premium.Max Stonetrail said:Very boring.sts7049 said:
sideways is boring
I think this is indicative that most of the big money is waiting to see what J Powell says tomorrow.
This.
And respectively to Max, the big money already knows what JPowell will be saying. It's all of us retail suckers who are left guessing.
VIX dropping
You don’t trade for money, you trade for freedom.
Stopped out of this at my entry in case anyone followed.AG 2000' said:
I hesitate a bit to bring a small cap to the board in this market, but wanted to mention PIXY.
Looks to have put in a left goal post on 12/27, been forming a cup and handle since. Might have missed the start of the move at the end of last week (handle completion). Just got through a big volume shelf a bit ago at 1.86, where I entered.
It's at 2.5x daily volume already today and up 7%.
Charismatic Megafauna
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AG
Charismatic Megafauna said:Max Stonetrail said:SPY also, but I wouldn't say it's very convincing or with much conviction.Bob Knights Liver said:
Looking at QQQ bouncing today I see lower highs and lower lows. I'm not sure if that's tradable in this market though.
I just drew a pennant on the spy 1min that should complete in about a half hour. I was expecting a falling wedge but my artistry isn't mcinnis level and i couldn't make it happen.
Welp my pennant got busted all to hell. Back to chop. Every strong move in either direction is getting engulfed the next minute. The move is gonna be big when it happens
Everybody loves a dirt road
trying long here. stop 15 minute close under 4320
You don’t trade for money, you trade for freedom.
safer long is over 4330. I'm front running a little bit.$30,000 Millionaire said:
trying long here. stop 15 minute close under 4320
You don’t trade for money, you trade for freedom.
I'm with you but in SPY. I think front running a bit is a good choice with a tight stop. SPY has continually rejected $433 today, and sometimes it's been $432 rejection. I'm bullish into tomorrow with this movement. Bears can't get it down and bulls haven't put their weight in just waiting to see if Fed leaks notes.
this *should* rally to at least 4350.
VIX down, ticks positive, held 4310 pretty well. /NQ looks OK. This 4330 resistance is stiff and we've touched it like 5X now.
VIX down, ticks positive, held 4310 pretty well. /NQ looks OK. This 4330 resistance is stiff and we've touched it like 5X now.
You don’t trade for money, you trade for freedom.
VIX under $30 = moonshot
First time ES is showing a desire to stay over VWAP and NQ is testing VWAP now. Don't stop now. DieVixDie
Get a bucket and a mop! Let's go!
are you playing ITM SPX calls?$30,000 Millionaire said:
trying long here. stop 15 minute close under 4320
there you go. I think this has more juice. Holding long.$30,000 Millionaire said:
this *should* rally to at least 4350.
VIX down, ticks positive, held 4310 pretty well. /NQ looks OK. This 4330 resistance is stiff and we've touched it like 5X now.
You don’t trade for money, you trade for freedom.
In this case, because SPX expires tomorrow and I am doing 1 DTE, I got out of the money to be less sensitive to price movements. You need to watch theta.Triple_Bagger said:are you playing ITM SPX calls?$30,000 Millionaire said:
trying long here. stop 15 minute close under 4320
For most, I would probably do OTM SPY calls. 440s.
You don’t trade for money, you trade for freedom.
AMD has turned around here. I am buying AMD 116 2/4 Calls at $5.10.
taking some profits. congrats all.
You don’t trade for money, you trade for freedom.
Bob Knights Paper Hands
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Triple_Bagger said:are you playing ITM SPX calls?$30,000 Millionaire said:
trying long here. stop 15 minute close under 4320
I'm playing QQQ and ITM TQQQ calls. No that anybody was asking me.
Qs coming up to a major resistance
$NFLX 370C for $10.5
You don’t trade for money, you trade for freedom.
stop $9$30,000 Millionaire said:
$NFLX 370C for $10.5
You don’t trade for money, you trade for freedom.
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Sold my calls. Holding TQQQ to see if it can break these two pivots from earlier today.
FOMC not expected to raise rates this week.
don't let green turn red. stop $11$30,000 Millionaire said:stop $9$30,000 Millionaire said:
$NFLX 370C for $10.5
You don’t trade for money, you trade for freedom.
McInnis just got the free trial of Bookmap enabled on ThinkOrSwim. Gives me access to AAPL, MSFT, and............./ES.
YOU DID?!
Bob Knights Paper Hands
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Memes are running a bit. Think that's shorts covering those?
HE DID!
Talon2DSO said:
FOMC not expected to raise rates this week.
Alert the MEDIA!!!
We all knew this, rates won't come until March-April after significant tapering.
This was used to devalue companies to make good entries for big money to run with.
at it right now. If it breaks in the next 5 minutes I think we keep moving up. VIX below $30BrokeAssAggie said:
Qs coming up to a major resistance
trimmed at $11.3
You don’t trade for money, you trade for freedom.
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