NQ Wedgie Revised Plot

2022년 9월 1일

I did the wedgie plot earlier today as fast as I could to show my followers, now that I have more time, I realized the wedgie is bigger than the original plot.

This means the target is more than likely the higher resistance line. So up Friday, dip Monday then up Tuesday is the projection for now.

3 day short squeeze rule is definitely in effect, no shorting until Tuesday afternoon or Wed. I think cash over the weekend then buy calls Monday afternoon if the pattern holds.

2022년 9월 1일

노트

I forgot, Monday is a holiday, lol.

In any case I plan to cash out tomorrow, win or lose. Heading into the weekend all cash.

2022년 9월 1일

노트

No need to watch futures tonight, it's gonna whipsaw premarket tomorrow anyways

2022년 9월 2일

노트

No whipsaw, looks like a pump

2022년 9월 2일

노트

Gap direction for Tuesday is a complete crap shoot, I recommend hedging if you decide to carry a position over the weekend.

A straddle or strangle might make sense, I think we see a large gap in one direction or the other

2022년 9월 2일

노트

I know my chart here is very bullish, but I just want to point out that TLT hasn't moved at all, like I said yesterday, the rate hike is priced in.

So the question becomes how much can the market bounce with a higher yield locked in?

2022년 9월 2일

노트

.... I say that because I had to short BTC at the resistance, lol. Using half my profits for the week.

Total crap shoot though, it might break upwards.