RUT Rejection at 0.786 Fibo
Updated
LIkely headed lower IMO. Just guessin'... not investment advice!
Trade active
Short in the July 150P. This is a frantic MOMO rush to get into FAANGS; they dump everything else! NDX 100 up while the rest of market cracks.This is tulip bulb mania, redux.
Trade closed: target reached
Closed the gap from last week and entered oversold. Direction unclear; best to cover and watch IMO.Trade active
Took a small bull spread position wtih ETF at 139.70 in Jun 140C short the 12 Jun 144s. Should give a small bounce from deep oversold IMO.Trade closed manually
Calls didn't work out, stop-lossed with the short leg gone in half. Probly closed at LOTD; who knows?!Trade active
Shorted EOD small position bear spread, now we can bite nails all night lol!Trade active
Rolled short legs and added; covered on gapfill; shorted again at retracement going into Monday. Next weeek will likely cascade IMO.Trade closed: target reached
Closed the shorts early on and rolled into calls. Did real good. Not sure yet whether this is going to form an impulsive move in DT or an ABC. Either way it's on rally.Trade closed manually
Closed the longs now in cash; see if it bulls higher Tues. Pure crapshooot atm IMO.Trade active
Back in it on 6/16. Very characteristic break down and retest rally to TL; rejecting AH.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.