Worst Bear Case Scenario
Updated
Not sayin this is going there, but it could snap off just like that. Breaking the support TL is a BearMarketSignal IMO. Trade with care, or stay in cash.
'Finishing move' could be Initiation Impulse... BottomFishing can kill you... sucks to be Wrong!
GLTA!
'Finishing move' could be Initiation Impulse... BottomFishing can kill you... sucks to be Wrong!
GLTA!
Trade active
Might be that Dragonfly Doji. Banked small plpay on calls. Watch it.Note
Movers like lightning... NQ R>G>R... Tues bounce?! stay tunedNote
Make no mistake this is a perilous tricky and deceptive game! SMALL POSITIONS OR NONE ATM!Note
Sinks again... probly have not yet seen LOTD IMONote
DJI -400 now any ER disappoints will tank it more IMO.. will 4220 hold? NQ rally faded, will it bounce again?! Pure gamble but it is oversold, can get more sold.
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Sinking again, LOTD incoming IMO, would not chase short or try longs either, patience!Note
Small bounce at 4200... banked 5 calls, is it LOTD yet?Note
Banked ten SPY calls back in cash, little lift. Probly get pounded again...Note
Ow, slapped! LOLNote
Looks like 4200 might hold, day far from over yet. IF it holds probly get a nice rally Tues, eh?!Note
No chasing. See if we get a higher low before EOD.Trade active
Might break up imo, opened bull call spread 4/27 423c short today's 425 net debit 3.55.Note
Closed for a push looks weak idk...Note
Yeah starts to sell again let's be carefull!Note
Could get en eod crush wait, see. No positions atm, banked the weak rallies today.Trade active
Flipped a few calls on this PM lift. Hold nothing IMO. Could get slammed so fast. Does look like a pivot!Note
Does look like we get a dragonfly doji. DJI flipped green from -440. NB Caution: Gap filled and can now sell again EOD. Trappy!
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Aaandd there she goes! LOLNote
Gapping up tues is possible however unlikely it seems. IF it gaps it will almost certainly fill and quickly IMO. No need to take on risk o/n.Note
Looks like setup for eod slamsale imo, not chasing!Note
LOL there it isNote
RugpullNote
Flipped a coupla calls eod not holding these often after a bullup from these selloffs there will be another sale in the early session that follows. Pure gamble atm.Note
Taking TWO SPY & QQQ calls on chance of a gap up in AM. Not recommended!Note
Opened qqq 330c and spy 430c; 4/27 exp. Pure gap play. See what we get. FB ER eod on 4/27 won't keep any longs there, lolNote
LOL 2 calls won't kill me but this is not bullish. Expect this gap to fill and price may squeeze higher by EOD.Selloff to resume shortly IMO
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Well I closed those calls and flipped others but the bears are fierce today, again... whipsaw day. Taking a break, watch it.Note
Yeah it's just Bearish as all get-out. gonna crash imoNote
FGS NQ -400 DJI -500 again SPX -80 they gave it ALL BACK! Had a put and closed early, who knew?!?Trade active
Made bank from calls of all things flipped into FB puts and banking those. Gonna post an FB chart soon. ER 4/27.Note
Wowww.. flipped qqq puts eod that was intense! Holding 20 FB puts, various strikes.Note
Omgosh coulda shorted Goog, I hate to do that but this time it paid... FB tanks in sympathy!
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