it already flashed on open to almost 4150 (4147 is what i see), so we'll see if there is any reaction here.
Lots of events this week so anything can happen. Both ways.topher06 said:
So we are significantly overextended?
Friday 410s at 4.85Charismatic Megafauna said:
What short position did you take? Friday atm spy puts?
Lol....when you say degenerate garbage what did you do?Charismatic Megafauna said:
See i knew that was the smart way to play it, so why do i keep buying degenerate garbage!?
If we lose today's low I'd bet we see 405/6 which your puts will pay. 407/8 possible medium support. But be ready to exit with solid execution. Theta will get you with Wed expiry. Tomorrow I'd expect flash moves either way.Charismatic Megafauna said:
I bought wed 415 calls and 405 puts, already cashed out most of the calls at and just after close for 20-25% gain but i know the rest can go to 0 quick. I felt comfortable with 415 strike because i have a daily sr at 417ish from way back. I felt comfortable with 405 strike on the puts because you keep posting these doom and gloom charts and you keep being right
Edit: also we spent all day putting in a mondo bull flag on the hourly
lobwedgephil said:
CPI in the morning can blow up any technical setup, no way to know market reaction.
⚠️U.S. August CPI Due 8:30 a.m. ET; Seen Down 0.1%; Core Up 0.3%
— *Walter Bloomberg (@DeItaone) September 13, 2022
Triple_Bagger said:
Everyone thought we would see a decline with inflation because energy has dropped so much, but surprise! Inflation is still rising. 75bps is now a lock for this month's rate hike.
M4 Benelli said:Triple_Bagger said:
Everyone thought we would see a decline with inflation because energy has dropped so much, but surprise! Inflation is still rising. 75bps is now a lock for this month's rate hike.
Aye, the same people who think we're not in a "recession" because the MSM re-defined the term.
Gonna put on my Realtor hat for a second to expand on this...Triple_Bagger said:
Everyone thought we would see a decline with inflation because energy has dropped so much, but surprise! Inflation is still rising. 75bps is now a lock for this month's rate hike.
/ES is a continuous chart. ES1 is a shorthand for front month contract. If you want to be sure which chart you are on use the full date code.Golf1 said:
Can anyone explain to me the difference on /ES on td Ameritrade and ES1! On trading view? I just recently started playing with trading view so this is what I'm looking at but I noticed how ES1! doesn't really correlate with spy and other stocks I'm looking at like /Es does.