Apr 8th $ES Thread

Spike to 4090s overnight that market is trying to revisit

I am 100% out of longs and cashed up as of RTH open

Will redeploy when we get a long liquidation to space between +1 and +0.5 std dev bands (3984-4011 now, may move up) Image
The BBW (Bollinger Bandwidth) squeeze resolved upward but with very little momentum and already waning....a move back under the 50 hour MA (pink) could send us into a nice long liquidation

Image
I think RTH is trying to push into 4090 area where hourly tweezer (blue) printed overnight but everyone's eyeing that OVN high

If this hour can't crack it, might get some buyers flinch which opens up potential to the long liquidation we're looking for Image
I think that was a failed attempt....see if we can invite some sellers to participate Image

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More from @SoccerMomTrades

11 Apr
I speculate in FinTwit, a community of traders, many are forced to sit at a desk for a significant portion of their day and have back pain 🤕 ...I too struggle with this

Your hip flexors are tight and weak at end range (worst combo for muscle), here are steps to fix it 👇👩‍⚕️
1. Order one of these "hip circle bands" off of Amazon, there's an amazonbasics version Image
2. Get a "foam balance pad" , doesn't have to be a pink and you can use towel / couch pillow if you're a cheap fuck... odds are if you buy this you're more likely to do the exercises to justify the purchase Image
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9 Apr
Apr 9th $ES thread

We talked about this 2 days ago...a high and tight band may resolve upward initially but it's hard to keep momentum up especially when so far from 20 & 50 dma

Below 50 hour ma (pink line) we back in balance and below 4072 sellers take control

Air pockets 👇 Image
This is also first loss of +2 std dev line on this entire move above it ... Big air pocket till +1 std dev line

This is one of those situations where when we do roll over, the selling will get as deep as momentum chasers / late longs are willing to puke up Image
Alright time to go short.....

In 1/3 position of $SPXS
Read 7 tweets
27 Feb
All right, took some time to reflect on bigger picture of $ES

Imo we closed in no (wo)man's land leaving both sides🤔

There is a fairly sizeable air pocket to the downside but I personally don't like "betting" big on weakness that's so "advertised" thus I'm neutral

/n
First off let's look at $ES , it was actually on its way to a pretty decent close above the +1 std dev on weekly but it's like at 3:45 someone said "fuck that"

I've mentioned before for sellers I prefer closes above as it keeps buyers comfortable and you can shock them on OVN
In fact this weekly close was very similar to the one on Jan 29th (last day of Jan 25th week), after what was supposed to be after our "black swan" event 🙄

See the second pic for how that panned out into Friday close, Sunday open and what was a big reversal into Monday's RTH
Read 13 tweets
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BUY $SPY CALLS Image
TRUST THE PROCESS $ES Image
LISTEN TO YOUR MOM!
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🏗️Funnel Method for Building a Core Position 🏗️

If you have belief in a company or thesis, the best way to be exposed is with a core position. I use a funnel method where you use a couple of short and intermediate trading timeframes and "funnel" the profits to your core

1/n
Let's say you really believe in $AMD in April and want to have a decent exposure for an eventual breakout. You don't know exactly how this happens. So you allocate 1/2 of the money for this position to a core of 1000 shares and the other half to the funnel method techniques
In the next 90 days, you are able to generate 100 extra shares of AMD bringing your cost basis on the original $55k investment down to $50. As a result, when $AMD has its final shakeout you are not stopped or rattled and manage to stay in for the eventual breakout
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Cannabis stock chatter getting too hot....trimming some to add later $CGC / $CRON
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