RTY Going Overbought
Updated
Oversold > Overbought > ?Oversold again?! Probly will hit the R line at 2270 Friday IMO. Buying panic. V-shape, who knew?!
No position yet, lost enough second-guessing this move already. Sheesh!
No position yet, lost enough second-guessing this move already. Sheesh!
Note
Made beer money off the tiny pullback EOD. Probably just another long entry fgs. Back in cash.Trade active
Opened bear spread Oct 225/ Friday 223, ten contracts, net debit $4.21. This way it can bull up again since I shorted it!
Note
LOOKS like former support on 13,14,15 Sep at 225 turned into resistance on 20 Sep, rejecting again today.Will see Friday to confirm it.
It is a retracement rally, downside from here could be real beary IMO.
Trade active
Opening bear put spread in 22 Oct 224 short today's 222, ten spreadsTrade active
Added, double down. Rolled short legs out to 9/30 218s. Holding 20 spreads.Trade active
Wow I got fkg lucky and missed that damn spike up, closed the puts at open Monday, worried they were not doing what I expected and BAM! An hour later damned rocket took off. Trading these G-dmnd things is Risky. BACK in on the 227.5s now EOD.
Note
So sorry late updates hope no one got killed in this position, I am traveling and trade off the damned Phone App which SUCKS, "E*Trade App has Stopped Responding, Send Feedback?!"I'll give u fkg feedback mothaf--!
Trade closed: target reached
IDK if it's got lower left or that was it. Small caps held up much better than tech on a big red day. Don't wanna chase this.Note
Resting at support line and red volume diminishing...Note
Bearish as all get out. Not bouncing yet, lower soon IMO, we got a flagppole with breakout from bottom of a pennant.
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