Entered a Short based on TD Sequential on MYM using futures
Updated
Entered a Short based on TD Sequential Green 9 on MYM using futures on Tastyworks. MYM 2 Contracts. Every point is a dollar. Entered at 35,607.50. I am hoping for a reversal based on the Green 9. The U.S. Government is delaying the inevitable using stimulus and false hopes of inflation being transitory. The Shipping Containers stuck at sea on the West Coast. Bitcoin reaching new ATH's for people hoping to get out of the system. Civil Unrest across the world and here at the U.S.
Note
Will get out if it bounces and does not accelerate past 33,800 on the Downside, 200 MA.Trade closed manually
Closed at 35,441. Going by the hourly chart and will try to get in a better price Short.Trade active
Re-Entered 2 short contracts /MYM at 35,542, 101 points higher which my new cost basis is 35,708.50.Trade closed manually
Closed 35,518. Its not accelerating but may bounce to near ATH. Opened Lotto plays. Facebook OCT 29,2021 Call Debit Spread $340-$345, Max Gain $500 for $0.17. Tesla OCT 29,2021 Put Debit Spread $980-$970, Max Gain $1000 for $0.09. DWAC NOV 19,2021 Put Debit Spread $20-$15, Max Gain $500 for $0.20.Trade active
Re-Entered 2 short contracts /MYM at 35,603, 85 points higher which my new cost basis is 35,793.50. This is in anticipation FB, AAPL, and AMZN drops the Market.Trade closed manually
Closed 35,529, pretty much just day trading this. Will reenter higher trying to milk this as much as I can.Trade active
Re-Entered 2 short contracts /MYM at 35,592.50, 67 points higher which my new cost basis is 35,860.50Trade closed manually
Closed 35,556Trade active
Re-Entered 2 short contracts /MYM at 35,631. Considering as a new trade. No cost basis calculationTrade closed manually
Closed 35,616, going to get back in if it runs up 100 points from here for power hourTrade active
Re-Entered 2 short contracts /MYM at 35,667. Holding over the weekend and futures market opens on Sunday 5 P.M. Central Time.Trade closed manually
Closed 35,733, going to get back in if it touches 36,000 againTrade active
Re-Entered 2 short contracts /MYM at 35,796.Note
Closed 35,964. Will get back in it continues 150 points higher, Jerome Powell did not tank the stock market yesterday.Trade active
Re-Entered 2 short contracts /MYM at 35,986. New dayNote
Closed 35,976Trade active
On Friday I left a limit order and got filled at 36,017, 2 short contracts. I was supprised it touched 36,493 after waking up. Let's see where go from here.Trade closed manually
Closed 36,190.Note
Continueing the fight against the fed, bought some NEGG and sold it to gain some of my lost capital yesterday, lol. Entered back shortTrade active
2 Short Contracts /MYM at 36,292Trade closed manually
1 Hour 50 MA showing strong support, exited short, 36,240. Trying to catch the top of 36,446 from yesterday.Trade active
2 Short Contracts /MYM at 36,241.50. Market open it looks choppy the first 10 minutes.Note
Short vid of my position youtube.com/watch?v=4SBdA3F7Xyk&list=PL14QUWB4tiT9QIGxKcI8GZL4mD1_pr-DLTrade closed manually
Closed 36,151. I believe Tesla had a pull on this and wanted get out then back in near the topNote
Based on the 4hr, next high will be 37,000 to 37,200. If you look on this time frame, there is a pattern bouncing off the 50 ma of the last run up to todays bounce of the 50 ma.
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