Matt, I am still holding my SPY put based on your 60 stochastic
short. Could you please keep updating us on the progress of that
trade in TS? For me 4100 on /ESZ22 is the line in the sand for the
bull and bear case. If we cannot close above 4100, we have a
double top.
some may have stopped out there with a hard stop - if not,
though, one could decide now what to do with it. The daily system
isn't changing anything so if the market were to go back to a high,
that 60 Stoch would still stay short. So best to now imply some
sort of stop to not allow that just in case - but nice job
not stopping out there, with the reversal -so you can breath easier
on it now, but some sort of stop in place now makes sense
Matt, I am still holding
SPY bear long
Posted by junkie on 13th of Dec 2022 at 12:07 pm
Matt, I am still holding my SPY put based on your 60 stochastic short. Could you please keep updating us on the progress of that trade in TS? For me 4100 on /ESZ22 is the line in the sand for the bull and bear case. If we cannot close above 4100, we have a double top.
yeah will do man for
Posted by matt on 13th of Dec 2022 at 12:27 pm
yeah will do man for sure.
some may have stopped out there with a hard stop - if not, though, one could decide now what to do with it. The daily system isn't changing anything so if the market were to go back to a high, that 60 Stoch would still stay short. So best to now imply some sort of stop to not allow that just in case - but nice job not stopping out there, with the reversal -so you can breath easier on it now, but some sort of stop in place now makes sense
Matt, I see a high-position
Posted by junkie on 13th of Dec 2022 at 12:34 pm
Matt, I see a high-position size selling today (shown in blue) indicative of professional selling. It is the opposite of A moves on your charts, FWIW.
thanks, I think I have
Posted by matt on 13th of Dec 2022 at 12:37 pm
thanks, I think I have that setting still in that indicator I use for the A's but it's turned off. I'll have to look at it again.
We have got a gap
Posted by junkie on 13th of Dec 2022 at 12:20 pm
We have got a gap fill on /ES. This is bearish almost confirming a double top, IMO