3309 Drysdale Ct
Edwardsville, IL 62025
Someone needs to ring the bell when the next Redit Ride is
Woo Hoo... close back up and then it's roller coaster season !
I feel like once oil gets to $65 we'll see another nice sell
off or maybe just the DOW this time. At the current rate this
could be tomorrow then Friday.
Breaching top of megaphone = over bought ?
Playing out nicely !
Bitcoin and friends (RIOT) leaking oil. Maybe Bitcoin
wants to retest that $42000 support level ? RIOT looks to
have a H&S on the daily.
Worked beautifully ! Like you said, sometimes it's the day
of and other times it's early. I took that to mean could be
up to 3 weeks and it worked. Thank you !
9 day EMA (Exponential Moving Average) often acts as support for
stocks that are uptrending and resistance for stocks that are
downtrending. When trading over shorter time periods and
following the trend, whether it be up or down knowing where the 9
is can be very important for entry and exit points on your trade.
The 20 day and 50 day also act in the same way but those are
longer term and can signal the change of a longer term trend when
I smell a bigger bounce brewing... 1:30 ? 2:30 ? or
tomorrow ... picking up a few SPY calls short term and 2 mos
Alrighty then - Do we have a confirmation of all hell breaking
That's crazy bro. I sold most of my SQQQ as well expecting
a bounce. Still holding RIOT puts fortunately.
Yes what is the SPY reversion to mean trade here and is there a
QQQ reversion to mean trade ? QQQs futures down another 200
points - wow.
Don't think we are there yet unless people start dropping like
flies from the vaccines ... I don't expect that news or something
equivically nutso (like an early Fed Funds increase) to hit
till the fall but it sure looks like it right now don't it ?
Lucid deal is a go. Appears to be sell the news. Not
sure how well Lucid cars will sell but they may come full circle on
the battery tech. Appears to be an obvious sell Tech
rotation in flight. Turn around Tuesday may be last
opportunity to bail for a couple months but I think mid term
(before the end of the year) CCIV and tech in general will be up
again and long term this should be a winner.
A close below 3880 opens the door to more downside ?
Watching AAPL as a catalyst to reverse the selling of the QQQs.
9 EMA at 124 ?
Bitcoin losing it's 9 ?
Crazyville ! Based on BTC, RIOT should have been in the
80s today. But if it corrects over the weekend (which no one
knows) then you made the safe play. I'm long 2 weeks out and
short 3 months out.
Given the VIX has not participated in the sudden drops today and
BitCoin is headed to 60k I think we'll find a way to new highs.
However due to OPEX everything is acting wonky ! and we
probably close right where we started.
Enjoying the ride !
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