tdrake2139

tdrake2139

Am short this via long put spreads. Will look to cover in the 50%-62% fib zone. Try to friday but couldnt get filled.

tdrake2139

At short this. WIll look to add below support line and looking for move down to 50% fib, which corresponds with low end of my RR

tdrake2139

AT top of my RR, overbought, and price momentum losing steam. My process says short, which i am via long put spreads.

tdrake2139

Playing chop bottom and top half of channel

tdrake2139

similar to ES and NQ, in 50-62% fib box from most recent upmove and testing 38% fib from major downmove. Oversold and at bottom of risk range, so could see bounce to midline of channel or test of 50% fib from major downmove Break down from 38% fib could see retest of channel bottom.

tdrake2139

recent downmove broke trend support and is now is 50-62% box related to recent upmove. Further downside could see retest of 61.8% fib which is bottom of RR Upside could retest broken support, 8978, and then retest of 79% fib

tdrake2139

Couple things going on here: - At 62% fib of most recent up move - At support level from most recent set of higher highs If break below support: - Could retest 50% Fib associated with major down move, which would correspond with bottom of my risk range and oversold levels. If support holds: - could see 2845 (retest of 50% from most recent up move and neckline...

tdrake2139

Potential H&S

tdrake2139

Long this from bottom of RR via long call spreads.

tdrake2139

Still short this.

tdrake2139

I shorted this at the top of my RR via long put spreads.

tdrake2139

I am short this via long put spread from top end of my RR.

tdrake2139

Right at resistance. See how 1H candle closes.

tdrake2139

Bounce off low end of my RR to resistance I think. From there, who knows; wait and watch.

tdrake2139 Updated 

Big spot here and simple set-up. Wait and watch.

tdrake2139

For the same reasons ast ES1!, I am short this. But the week has been tough to say the least.

tdrake2139

I've been short this since end of last week unfortunately. However, low volume, RSI at max, and price at top of my RR. My process says play is still short.

tdrake2139

I am long this from the bottom of my RR via long call spreads.