Bought TZA @ 73.58ish.
Like the title says going short indexes again. Most of my levels I was waiting for traded above and broke below. These need to close this way though and the day isn’t over.
851.81 spx
456/451 rut also close below 448 would be wonderful
1151.96 NDX
8451 DOW???
1472.02 compx
1482.05 compx
16.55 UWM
Random thought? Automakers won’t get bailout…Market [...]

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The market decided to slap bears around today and I got caught on the wrong side - 6% hit. I also took my losses in all the ETFs I mentioned earlier today about 6% as well there. I made 7.6% on TNA early this morning.
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Levels I’m looking for tomorrow.
A trade of SPX above 873.29 and [...]

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I’ll revisit shorting tomorrow after the market has moved to higher levels. Not interested in hanging on through more upside.

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I have feelings and they are tingling and they are telling me to be short for tomorrow. I’m taking a heavy position. Hopefully that tingling is not my toes from sitting in the same position too long.
Today the market almost went flat, but it was very VERY important that the market closed up and closed [...]

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I mentioned over the weekend that I thought maybe we could break the overhead trendline and move higher then later in the week test it to the downside. That was wrong. However, I did provide the levels to look for to make a trade.
The market moved fast right out of the gate this morning. I [...]

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In SOLF @ 5.54
I’m looking and hoping for a close over 5.81
Normally I’d expect SOLF to close @ the highs of the day based on a paintbar pattern I have, chart included in a minute, and if it doesn’t close on the highs it typically will trade higher the next few days.
As I typed this, [...]

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I don’t know if it was foolish or not, but I kicked myself out of TBSI on the opening bar drop. Took my loss and walked even though 2minutes later TBSI bounced about .40 cents higher.
I bought MTL @ 6.04. I bought it in an overbought state, and it was a much better buy at [...]

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The gains in the NDX (9%ish) and the RUT (11.4%ish) were outstanding. My only mistake was not adding back the money I took off the table after Monday’s run. Alas the gains have been good.
I have sold my index longs as a precaution at the close. I want to buy back on weakness or profit [...]

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Topside levels
RUT 452
SPX 898
COMPX 1499
I’m also looking at UYG and the 6.05 level.
I get worried if we take out today’s open tomorrow on the indexes that closed positive.
I bought SOL, YGE, and APWR today near the end of the day. They have room a bit up before hitting major resistance (on these 3 symbols), but [...]

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YGE @ 3.99
APWR @ 3.94
Alternative energy hot potato.
5 minute charts showing that same pop potential LVS exhibited earlier this morning and then did again later in the day. LVS is consolidating nicely actually. Wish I didn’t get stopped out.
It looks like JRCC could bounce more than today as well fwiw.

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Picked up some LVS @ 3.99 for a lotto ticket.
5 min and 30 min look poised to pop.

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I’m glad I trimmed my index longs yesterday with force. NDX is already down 5% on the 2x funds.
I sold my QLD and SSO this morning for gains of 7% and 11%.
I was looking to buy TNA in the early part of the morning. I saw TZA trigger on the 5minute chart which is the [...]

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I bought index longs today at the close. I was either looking for the washout or a move higher. Got a move higher back over a level I was waiting for.
Looking for 100 pts higher on the COMPX.

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I’ve only been short for 3 days and those were a good 3 days to be short. Took my 13.4% in the SPX today. Unfortunately I got fooled out of my SDS and TZA buys this morning like a piker. It unfortunate because it would have been a huge day for those trades.
Luckily I have [...]

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Me too. I swapped my lite short to lite long eod.
I’ll look to go short tomorrow morning.

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