NQ Overbought

Updated

NQ overbought on RSI and MFI, very close to touching that magenta line I drew up 2 months ago. (I dunno, it's been over a month at least)

Funny thing is, I'm eyeballing the placement of these blue lines and they seem to work as well.

Anyways, time to sell, I might buy some puts EOD. Not tech though, probably some garbage stocks or foreign index ETFs.

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I guess I should have bought those FB calls at close yesterday, lol.

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I'm guessing an overshoot here and exhaustion gap tomorrow morning.

Bought EWW puts, but not shorting the US market. Long on DLTR for earnings tomorrow.

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OK, so I bought some NKLA puts... huge market rally and it can't gain traction, it ain't going up if the market tanks.

Light play, 10 contracts because it pops on any good news

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Note: I still have DLTR calls, so protecting in case the market tanks tomorrow

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... or this afternoon, lol.

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NQ gets rejected by a line I drew up more than a month ago.... gotta lvoe that.

Bearish for tomorrow, possible double top Friday (AAPL and TSLA split), so don;t get too carried away.

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Strong rebound from the futures dump, probably a whipsaw finsih today.

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Appears to be setting up for a pump and dump. Saving some ammo for fading the gap tomorrow

Trade closed manually

Flipped all my options this morning....

Got screwed on earnings again with DLTR, lol. But this time I was smart enough to sell and go into a higher strike with less contracts, so at least I broke even.

Made some beer money his week, that's about it. Lost most of my profits gambling on DLTR, figured it was double or nothing. Oh well.

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Not selling off despite being overbought because of the POwell pump this morning.

All cash right now

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The dip isn't a surprise considering it was overbought, but I don't see a tank until after AAPL splits. AAPL wants $500 and TSLA wants $2000, so no point in shorting stuff until tomorrow afternoon.

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Strong possibility that we go parabolic like early June. Will definitely wait until EOD tomorrow to buy any puts, if I decide to buy any at all.

AAPL puts for next week do look tempting on the split, and Dow realignment

hungry_hippo

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