Posted by DigiNomad on 6th of Apr 2023 at 02:59 pm
I spent the day rolling all SPX short calls to at least 4310. If
that gets touched before May expiration I'll roll up in the same
month and double down number of contracts... probably somewhere
around 4500 strike...which I personally will feel like is easy
money. I end up making the most income when squeezed and forced to
defend positions.
on the TICK pivots here's nothing above 4136 until 4157, which
has a bunch of them up to 4165, then more free air again until 4175
- here's another image where you can see those
I personally prefer the TICK pivots because my program
automatically adds them based on the TICK spikes. The ES sticky
levels are from sort of order flow that I don't understand how to
derive them exactly
If you look at QQQ/NQ
Posted by steve on 5th of Apr 2023 at 02:45 pm
If you look at QQQ/NQ one can clearly see 3 waves down off yesterday's highs thus far
QQQ Demand Zone 313.36-312.45 Equal lows
Posted by steve on 5th of Apr 2023 at 03:10 pm
QQQ Demand Zone 313.36-312.45
Equal lows around 314 likely to get broken in due time - like a magnet as they run stops for liquidity
QQQ broke the equal lows
Posted by steve on 6th of Apr 2023 at 10:09 am
QQQ broke the equal lows then bounced from the demand zone posted yesterday - nice short term action
Equal lows (stops) ran as
Posted by steve on 6th of Apr 2023 at 09:35 am
Equal lows (stops) ran as posted yesterday
Testing as expected
Posted by steve on 6th of Apr 2023 at 09:24 am
Testing as expected
https://www.tradingview.com/chart/XhdK9UKW/ tick pivots with the cycle
Posted by matt on 6th of Apr 2023 at 09:31 am
https://www.tradingview.com/chart/XhdK9UKW/
tick pivots with the cycle indicator and MA ribbon, responded well to those cycles and demark
nice how price held that
Posted by matt on 6th of Apr 2023 at 12:33 pm
nice how price held that TICK pivot at the lows with the 9 Demark
there's free air here until 4133
I see a lot of
Posted by fredsaid on 6th of Apr 2023 at 12:37 pm
I see a lot of ES resistance points all the way up based on Steve's sticky - 4135 4143 4158 4175. To you point the 1st one looks like money.
I spent the day rolling
Posted by DigiNomad on 6th of Apr 2023 at 02:59 pm
I spent the day rolling all SPX short calls to at least 4310. If that gets touched before May expiration I'll roll up in the same month and double down number of contracts... probably somewhere around 4500 strike...which I personally will feel like is easy money. I end up making the most income when squeezed and forced to defend positions.
Digi
Posted by steve on 6th of Apr 2023 at 03:39 pm
$SPX- the large JP Morgan collar trade is up, selling the June 30th (Q) $4750 calls and buying the $4340/$3660 put spread, 44,000X.
twitter.com
DigiNomad, keep us updated please
Posted by junkie on 6th of Apr 2023 at 03:06 pm
DigiNomad, keep us updated please on that trade. Good luck!
I am following the put/call ratio $CPC on entering a short position. I am awaiting raving bullishness near 0.8 before engaging.
on the TICK pivots here's
Posted by matt on 6th of Apr 2023 at 12:42 pm
on the TICK pivots here's nothing above 4136 until 4157, which has a bunch of them up to 4165, then more free air again until 4175 - here's another image where you can see those
I personally prefer the TICK pivots because my program automatically adds them based on the TICK spikes. The ES sticky levels are from sort of order flow that I don't understand how to derive them exactly
nice TICK
Posted by simple_million on 12th of Apr 2023 at 10:11 am
nice TICK