DOUBLE LOWER TOP FORMING: CPI COMING
Looks just like Feb 2-10, just playing at lower price. CPI numbers next week can crush this hopium rally.
ERs coming later likely to disappoint and guidance has hardly been rosy so far, can't expect much imo.
Stupid happy fool rally not getting much higher imo, just another bottomfishing bull trap.
Still waiting for capitulation and real panic, dip buyers not fully crushed yet. RSI back at rollover level.
Time and price projections suggest a lower low in late July. Follow the TL.
Fat Lady didn't sing yet...
ERs coming later likely to disappoint and guidance has hardly been rosy so far, can't expect much imo.
Stupid happy fool rally not getting much higher imo, just another bottomfishing bull trap.
Still waiting for capitulation and real panic, dip buyers not fully crushed yet. RSI back at rollover level.
Time and price projections suggest a lower low in late July. Follow the TL.
Fat Lady didn't sing yet...
ملاحظة
PS: Overlay from 9-24 Feb. A drop of similar magnitude would carry price down ~3460; capitulation low.ملاحظة
A contributor remarked that screenshots of the same economic news item in popular media show it 'accounted for' both fall and rise of prices on six occasions over 24hrs, lol; here are choice others:"US stocks were higher Thursday as jobless claims rose to their highest levels since January. " (YAY! Fed will have to ease! BUY STONKS!)
"Analysts' per-share earnings estimates for the next 12 months will likely be revised lower over the course of the Q2 earnings season, which could weigh on share prices, Oxford Economics said in a research note." (YAY! These ERs will be the worst ever, so it can't get any moar bad! BUY STONKS!)
"Wall Street benchmarks rose on Thursday, as investors reacted positively to the previous day's commentary from the U.S. Federal Reserve which hinted the central bank's aggressive pace of interest rate hikes could be tempered if growth suffered." (YAY! J-Powell will dial it back! BUY STONKS!)
Unemployment > up, inflation > up, rates > up and more hikes coming, but Hopium reaction: BUY STONKS!!! Why not?! The only game in town... testing DTL at the 50 DMA... CPI will be the test IMO
تم فتح الصفقة
LOL look at the gap fill, flipped a few calls on it, nuts!ملاحظة
Wish we could get more bad news to drive the damned price higher! Lay it on baddies!!ملاحظة
Flipped some puts on QQQ. Not chasing it, looks like a falling wedgie, might get another absurd bounce into EODملاحظة
Look at the shorts scramble to cover... EOD short entry opportunity imo, trade lightly.ملاحظة
Opening 1 Aug SPXS 25C filled @2.04ملاحظة
Opening 200 SPXS covered call write short the Jul 26c, net debit 23.80 x200تم فتح الصفقة
Not going hog wild on Fri EOD lol. Cheers!ملاحظة
LOL shoulda gone wild Fri. Shorted the retracement and added EOD monday. Let's see...ملاحظة
Getting red trading at night, shortseller's delight...ملاحظة
Cheated again. Red all night and opens gap up. Closed all out.تم فتح الصفقة
Made up half the drawdown on scalper short ffs. CPII tomorrow. no position.ملاحظة
Fkg whipsawingملاحظة
I shorted the pm bounce and closed part of the position at 3:55, kept a 2 put runner. Not so confident of another massive gap, lousy CPI probably already priced in.Bought gas n groceries today and realized price of evrything has exactly doubled in six months.
أغلقت الصفقة: تم الوصول للهدف
Closed shorts rolled into calls for scalper trade, closed those, done and out. Gonna whipsaw and just take ur money back imo.ملاحظة
Pretty limited reaction considering how lousy the CPI was; imo it was just about priced in. Gonna get a rally soon.ملاحظة
Nice gapfill! LOL I carried one call...ملاحظة
Red > Green; if it holds to EOD probly gonna move higher imo. NOT chasing either way. Made bank, like to keep it!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.