Rejection coming? Another leg down?

Extreme risk for any position now. Should this rally fail and reject from upper TL the fall will be steep and swift- capitulation, a fifth wave down.

Capitulation is the intense fear and dismay of investors who realize too late that their stonks ain't gonna hunt.
Just when you think, "Finally! It's going back up!" Suddenly it isn't.

Then the hammer drops... the finishing move. Bear target on pitchfork. Trade with extreme caution, or do not trade; GLTA!

코멘트:

Here we go again!

코멘트:

An hour into session and gap shows no sign of fill... not betting on it. Sentiment swings have been alternating up/down/up days, but it is a bear market and an impulsive move down is likely imo.

코멘트:

Now a bear engulfing candle. What a trap from Hell.

액티브 트레이드:

Flipped few calls up from -300 nq. Very chancy atm.

코멘트:

Looking for a better short entry. Going lower IMO but will it give a lift to back up the put truck?

코멘트:

90m into session trading near lows.... no bounce in sight, twas a perilous trap, hope you all closed yesterday on this warning post.

코멘트:

Said this before I say it again, this market is no place for a retail investor. No one should be investing in this now.

It is purely a speculative arena for gamblers and hedge funds.

This gap is unlikely to fill this week imo. Could be mistaken, not betting either way. All in cash.

코멘트:

Gosh it's manic-depressive. Not chasing this puts are really spendy now. See if it lifts EOD.

코멘트:

Yeahhh well shoulda backed up the putmobile. Did a green day though. This is a crash imo.

A technical dead cat bounce is likely; short it imo.

We got two gaps above now from these selloffs. Might not fill for months or years...

코멘트:

If you didn't lose money today then pat yourself on the back. This was a real surpriser, way beyond expectations for a one-day move. Don't feel badly if you didn't take a short; NOT LOSING is #1 goal!!

코멘트:

See the futures traded high 3930 low 3860. Gap closed; expect run to low price imo.

액티브 트레이드:

Flipped spy 388p #10 +8%

코멘트:

Flipped spy 290c back in cash

코멘트:

Err 390c, nq moving up from oversold

코멘트:

Do not expect a big bounce, not chasing this lift. It remains bearish and fri is triple witching.

코멘트:

Well that was just nuts. Loaded up calls at 3pm and made out okay. Trading on the fly in app. Direction Monday can be anything. Sometimes it gaps down after these EOD bounce days. Might pump N dump again.

IMO a significant rally is possible from these low prices, perhaps as high as 0.50 fib, a 10% rally, as we saw in 2008 before the major break. Play it day by day, be safe.

Totally unpredictable, almost untradeable; who could guess that it would tank off 3% after gapping up over 1% and then bounce back to the pin price? Nuts!

액티브 트레이드:

Flipped puts to close the gap and tried a few calls which finally worked a bit, closed those and watching again. Do not trust this move feels like another countertrend, a 'B' imo, expect retest of Fri lows. So unpredictable can't keep anything more than a few minutes now.

액티브 트레이드:

Flipping handful of puts on each lift, it works. back in cash; hold nothing.

코멘트:

Not gonna spam with evry day trade; FYI when qqq goes over 290 I buy 4-6 daily puts. Flip em when it moves ITM.

코멘트:

Steppin off for a while it's whipsawing in a narrow range; condolidation. Waiting for signal on direction. +500 on pinky trades, bank it and watch.

코멘트:

Sure looks like a bear flag, not anxious to FOMO this weak rally, probly just another trap imo.

코멘트:

Been observing. NB: Most of SPY gains are from DJI +600 pips. NQ remains weak, QQQ has rallied 12 bucks from Fri low but is not moving like the blue chips. Gets weaker EOD...

Not ready to close this idea just yet, could get a higher low around the .50 retrace from today's rally.

Holding nothing at night.