ES Update

Hôm kia

Waiting for RSI to hit oversold. Probably gonna wait until tomorrow to enter into a long trade... unless the market tanks before close.

NQ is oversold now.

Hôm kia

Ghi chú

Just noticed that AAPL is starting to drop. Expecting it to pull back tomorrow, so another red day for the indices (SPX/ES and NDX/NQ) at least in the morning.

All cash, so easy for me to be patient, especially since I made so much money the last couple of weeks with AAPL and PCAR options.

Hôm kia

Ghi chú

I keep saying it, but this looks more like a margin call selloff than a futures algo pump and dump. Indicators aren't hitting overbought or oversold between the bounces.

I figured market would drop a little before market close because this is day 3 of the silver/gold margin call. Problem is that there may be more margin call selling because cryptos and chip stocks tanked this week.

If I trade tomorrow, I'll probably go small. I get careless sometimes after making a big profit.