ES daily. Widening the base. Waiting for a breakout or breakdown in the bigger picture. End of the run? Not necessarily. But when it comes, look out below.
Charts posted are not recommendations. They are just a sharing of information.
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Pasta Boss Jam_Croissant on twitter who plays option spreads and volatility at the pro level is reminding us that Vanna heads for the beach on the 17th.
(he puts it all in terms of the Wheel of Fortune, so reminding us of Vix instruments midweek opex)
adam mancini, 26 minutes ago:
"As posted today core pattern in #ES_F was a clean triangle building all week and we got a great push higher this morning. Next up is 3935-3940 & Friday afternoons typically bullish. No rush though - the longer price consolidates under this weeks high, the better for bulls"
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades w 2 Cats wrote:Pasta Boss Jam_Croissant on twitter who plays option spreads and volatility at the pro level is reminding us that Vanna heads for the beach on the 17th.
(he puts it all in terms of the Wheel of Fortune, so reminding us of Vix instruments midweek opex)
ok thanks boss
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
A new research paper quantifies just how big the impact of the retail investment boom has been on the U.S. stock market. Using account holdings data from Robinhood Markets, and the 13-F filings from big portfolio managers, researchers were able to estimate retail and institutional demand.
The impact was massive. Robinhood traders accounted for over 7% of the variation in stock returns during the second quarter of 2020, the researchers found. Without the Robinhood crowd, the aggregate market cap of the smallest quintile of U.S. stocks would have been over 30% lower. https://www.marketwatch.com/story/heres ... 1613129985
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
A look at last 3 inside day with declining MACD. we should get at the least yesterday's low a retest. ( find the reasonable target) but again this time is always different.
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Volume surge so maybe a rebound here first then we'll see.
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ES, over all price action is bullish this week, the selling were intense but no LL were made, twice the selling but only created HL, bears will need to see LL even inside the range just to say there's pressure so far NONE!!!! 3 days weekend lets make it happen Y'all
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My comments are for entertainment/educational purpose only. NOT a trade advice.