SPX oversold; near completion of ABC correction?

21 thg 9, 2020

-10% on support at 3230. Could get lower, might bounce and sell once more. Falling wedge; a bear trap IMO

See related post on QQQ; not investing advice; trade at your own risk! GLTA

21 thg 9, 2020

Giao dịch đang hoạt động

Got into Oct 324 calls when price around 323; look for higher on Tues to closeout. Chop not over yet IMO; short covering rally again, as on Friday

21 thg 9, 2020

Ghi chú

Wow! Cut day's loss in half EOD...! Calls looking real good atm...holding for Tues

22 thg 9, 2020

Đóng lệnh: đạt mục tiêu

Flipped the calls in AM rush, +33%

22 thg 9, 2020

Ghi chú

Expect another sell soon, retest lows or a higher low, probably Thursday but could start Weds PM IMO

23 thg 9, 2020

Ghi chú

Wow look at the perfect Bear Wedge! Terminating in the resistance zone ~3320 from 9/08-11-17; perfect short entry IMO

24 thg 9, 2020

Giao dịch đang hoạt động

Played it up and down; back in cash; is this a 2 wave down in an emerging 5-wave impulse? Friday will tell IMO

2 thg 10, 2020

Ghi chú

News noise over Trump infection has closed the gap at 3305; expect higher again soon IMO