I see the beginning of a bear flag. Sometimes beginnings of bear flags morph into bull flags. Right now, based upon the known, I go with bear flag and stay short.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Thank you. It's always nice when the market goes pretty much where you expect it to go. Not every day, though.
Thank you. I'll need to look further into this, then. I don't have SPY data, but I'm sure IQ Feed will hook me up.
I use Schwab, they are ok enough, but TD would be better choice, they are customizable, I've been lazy to transfer over, they also do both stocks and futures.
Pretty easy call.
It was good for 140 points if any of you play the NQ too.
Option volume last week was astronomical on all the vis stocks. The VIX closed at 31 on Friday. Tech was the highest. There was no way the Nasdaq wasn't going up today to compress the premiums on the bagillion contracts retail bought last week. Think there gonna let all those folks make money?
Like I always say, sell options when the vix is high and buy them when its low.
No opinion yet on tomorrow though.
Yesterday, I was considering to write how most weeks ain't Inside Weeks in order to anticipate the rest of the week. But I figured I talk too much already. 
The market seemed overextended this morning, but I just went with the trend.
There's an open gap above at 4698,50. Maybe...
2 % up for the day already, though.
The market seemed overextended this morning, but I just went with the trend.
There's an open gap above at 4698,50. Maybe...
2 % up for the day already, though.
Think we are headed to 4700 / 4710'ish first.
