NQ Moving from Oversold
Updated
Higher before lower IMO... double bottomed; RSI, MFI moving up
Not investing advice, trade at ur own risk! GLTA!
Not investing advice, trade at ur own risk! GLTA!
Trade active
Forming lovely bear flag... traded calls today, closed over 267Note
Shorting again off the flagNote
10940 strong R at former support off 17 Sep; shorting and addingNote
In QQQ 267P Oct 02 weeklies short Friday 261 dailies; 20 spreadsNote
Expect a pullback from 11k, closed longs, adding shortsTrade active
Closed the shorts on pullback; holding cashNote
It turned back at yesterdays midday support price, same price was support on17th R on 21st; clearly at a critical juncture; game is a crapshoot from here IMO, staying in cash to see if bulls can prevail or bears grind it down again- trade safe!Note
Probably a buy here or real soon; look for pivot next week, Monday could be a last selloff from funds, panic withdrawals: marketwatch.com/story/stock-fund-outflows-reach-nearly-two-year-high-as-selloff-intensifies-11601043793?mod=mw_latestnewsTrade active
Long INTC in Feb 50 Calls, these are only $4; short the weeklies in bull spreadNote
Bear flag forming Fri PM...Note
Closed out all wait and see...Note
Shorted QQQTrade closed manually
Closed for a push; the bears growled at night but woke up bullish...Note
Playin Fade the Gap in the Oct 281P; Sand P and DJI closed gaps on 10/01 but this held up; look for lower soon. MIght bear flag for a few days IMOTrade active
In 23 Oct 281p; bear speads short dailiesNote
Not overbought RSI but look how MFI dwindles; no new money coming in at this price.
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