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Personally would not long oil here till after it breaks out of this resistance it has been stuck in. If it breaks out this will be a great long candidate. TA is bullish but not enough for me to put money into trading.

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So currently find myself in a long on $SPY $SPX that I entered at market close. I purchased SPY June 21st Calls at the 281 strike & sold to open SPY June 21st calls at the 292 strike. - This is a vertical long call debit spread - the theta decay is incredibly muted because of the hedge leg of the trade - literally nothing for how quick I plan on swinging the...

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TA within the chart - I recommend taking profits, or at least taking out a chunk of profits from long.

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Trust the TA! And the TA for oil says we see "up" tomorrow!

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Happy trading folks! Happy to say my short worked out incredible today! While the market was dropping, I was traveling down to Atlanta raking in the bucks! Was able to make a great deal of coin on the drop, hope you were as well! Called it, and called it well! Wish I had kept my initial short entry though at 2920 - as that would have been much better of a...

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After such a powerful sell off I see it hitting some fib resistance, and also potentially bouncing back into that downward trend. This selloff still appears oversold on the TA front, obviously we know the macro narrative warrants the drop - however this was very steep in the tech heavy Nas. Would expect a bit of a bounce before the selloff continues on.

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One other indicator making me more bearish on SPY is we see the VWAP is far below current prices. Would imagine a snap back down on Monday. Fingers crossed!

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Made a fortune on NVDA's rise - time to ride the wave back down. Thinking the weekly on NVDA is looking rather bearish. Oscillators are moving down with momentum, and a short opportunity is nearing on the smaller TFs. I like how much higher the beta is 1.9, with my leverage positions I can squeeze out more in a short than strictly an SPX play! While the volume...

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Currently in a sideways short of the SPX - funny how one finds themselves in these positions. This was mind you after seeing that massive drop this morning and not selling. Kicking myself..hard.. Part of trading is forgiving yourself - I'm human so mistakes are part of the game. This week however was chalk full of mistakes. My full time job is rather...

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Investigating oil I see three different scenes: Daily as the chart above shows appears neutral/bullish Weekly appears incredibly bearish While monthly still appears to say up In this environment it is too difficult for me to trade - the global concerns I would imagine would dampen oil. Especially if the dollar strengthens.

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Oil TA within image.

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Longed $SPX today. Think it is time we start to rally again according to the TA, and bounce off the 50dSMA. However, my timing could be premature so my position size is very modest. Still have initial long position - down, but the entry was very modest. Time to start ramping up long after confirmation. GL Trading

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Quick TA, and for those that like my narrative -- here's to you! Happy to report friends that I will be moving into my seventh straight week without taking a loss. Happy to likewise report that all the coin captured from the investors over the past 6 weeks, was less than the amount I made in the trade just this morning. Enough to warrant me taking...

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Comments are provided above. Oil appears to have found support and technicals say up.

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Comments on TA on the daily are provided within the chart. GL Gold Bugs & dragon hoarders!!

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I see an opportunity to long oil has opened up as well, based off the attached TA TA looks pretty good on the daily.

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Still in this trade - I sold my hedge - too early. Loaded up on additional calls at 2908 - this is aiding the loss - but currently in a trade trying to recover it before I have to hit the tap button. The streak is going strong - Mr. Market needs to send us bulls some love tomorrow! Its a Friday for Christ sake!