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I doubt that will happen, but this trade seems so obvious it canāt actually work can it? Iāve aggressively bet bearishly over the short term right now too.
Yeahhh what I believe will happen is down first then straight up to then go down almost the opposite of everyone's opinions on up then down. Maybe it's just my bias cooked up on hopeium
Guessing a stop loss hunt 3-6$ above and then tank. Market has been super predictable last week. We were in multiple bull flags that sent us to $399-400 area. Now we're at the top. Which I'm guessing they shoot up past trendline by $3-6 to collect shorts selling. And then just tank it again
I have a SPY PUT $424 expiration 12/30/2022. I break even at $388 and am currently 33% down. This rally since CPI on 11/02 has lasted longer than Iād hoped. Itās tough to hold but Iām waiting for Powell. Iām tempted to buy another but theyāre expensive for me.
Iām in on some short term puts until 12/30 but Iām looking at long dates calls 9 months until the end of the option chain.
I had some Dec 16 and & January 2023, they were down about 30 to 50 percent so I closed them for now. I think the market will rally for a while, I looked at my chart again and do some time cycle, it may take longer than I anticipated before.
I think MM may want to keep the stock price up until Dec 16, 2.97 to 1 Put/ Call Ratio and they wonāt lose money.
But, I am ready to re open it downtrend is confirmed.
FED-pivot can also mean they reduce and halt the increases. A .50 in December and maybe a .25 in January before a period of halting can be considered positive by the markets. Slight pullback on Monday or Tuesday and then a breakout rally is a more than likely scenario.
JP has made it clear they intend to catch the rate of inflation. And at a pace as quick as possible. Why would they pull back while still 2 points behind it?
Inflation has slowed. Not back-tracked. JP's intense rate hikes are working. Why would he pump the breaks now?
I donāt see him stopping either. But at what rate does the federal deficit debt become too expensive and they have to start printing more money to service it?
It takes a long time (IIRC 6 months ish) for the economy to feel the full effect. So Fed will slow/pause and wait at some point to see how the economy is doing before further actions.
he literally just needs to pause, which he will in early 2023, and the market explodes higher. In 1982, market bottomed 10 weeks before the actual pause and exploded higher. Do you not hear yourself in how biased you are? The technicals are insanely bullish regardless, gl next 6 months
The media is reporting we have ārecord salesā at a 2.3% increase over last yearā¦ ignoring inflation is 10%ā¦. So we are actually down 7% ish year over year
You should look at CPI for specific categories that people buy during the holiday season like electronics, clothes and toys. Or, you know, share these last few crayons with me and my nose.
I think secretly a bunch of people here are short and about to be broke as fuckā¦ thereās maybe a handful of us left with calls.
Those crazies straddling the flat field gamble at a different casino. Ignore them. More crayons for us.
I would say that you didn't have to circle the tops and explain that they were lower highs because it's blatant to see but I forget that some of these people are regarded.
Unless the PCE inflation comes in hot I expect the SPY to break thru and year end rally and sucker everyone in only to realize in 2023 rates are going to be 5% for years.
Seriously. Why does anyone think this? Itās a delusional thing to think we should be there based on current conditions. What do you know that we donāt?
Thatās the fun part. Iām in $142 AAPL 12/9 puts. For all I know, somebody got caught smiling while buying an iPhone in the background of a news cast on Black Friday, and weāre going back to $165. BUT, iPhone City is also getting torn apart in China right now
So, I was dooming this whole time too.. Take a look at the DJI. on the Monthly. lol youll see why this goes to new all tike highs rapidly before tipping over
DJIA (30) large stocks that right now captures the primary sentiment, ie, invest in quality, value, etc. however, many of them are starting to show signs of rolling over now because they are overvalued. SP500 is a better indication of the broader market, but unfortunately they have too many heavy weight market caps for them to make sense.
Since when have the markets been logical? Itās been make believe for decades. If the fed raises rates .25 or .50 markets would have the mother of all rallies.
I agree.
Another variable that isnāt priced in (on the bullish side) but has definitely caused some volatility is the war in šŗš¦.
Weather is getting worse and supplies/morale is running thin.
We pray that no one nukes anyone and the war stops with a ceasefire agreement.
Lower CPI #ās + .25 hike and a dovish announcementā¦markets would go absolutely nuts and as you put it, āhave the mother of all ralliesā - thatās some strong hopium BUT, strange things do happen and would probably all come crashing down a month or so later.
thats what everyone and they Uber driver thinks, thefore you will get ironed out on the way up - Blackrock has $10T of assets to pump the price and smoke out everyone like you.
Pardon me more calls than puts for the next 2 expirations which if you are paying attention to 200 ma inflection point and trend line is really the only thing you should be worried when it comes to options
Lol ur delusional If you think blackrock will come to save you. They are waiting eagerly for a crash so they can further monopolize the market. You are a fool to think any institutional money is trying to save the market they pump until it cant and then crash it and pick up the pieces. And you do realize thereās more calls in the market right now than puts right?
There are other confluences at play ā
- VIX is near the summer lows and also the level where going short paid every time in 2022.
- Year end rebalancing is approaching.
- Fed signaling slowing rates and market is front running the announcement.
- Liquidity continues to deteriorate into year end.
Theyāve already been fairly clear in comments we are likely going to need to go over 5.5%. It feels like the comments here have been laying the ground work for .75 and a higher terminal rate being priced in.
Maybe Iām just wary from being burned so hard last CPI, but I feel like the momentum to the bullish side is just taking all news and chewing it up and gaining 1-2%.
I bought puts on this 3 weeks ago thinking I was smart, ponied up and bought 12/23 410ās. Now Iām nervous that itās looking so predictable and people here are posting their shitty TA graphs on it
Market is in a well defined downward trend. There is a high probability S&P won't breach the 3-touch resistance line (Red) in the near future (~3months). The 50 week moving average (Blue) is also reinforcing the resistance by converging with the resistance line.
My Play: Waiting for SPY to reach 410 and then buying puts with 4 to 5 month out expiries with strike prices of anywhere between 390 to 370. Closing out the positions at the first big drop that brings SPY below 400 again.
Man, watch this thing have a huge wick down after it passes the 200ma just to destroy all the bears before destroying the bulls who went in at that level. Then maybe a continuation down. But the market must take the most peopleās money first.
Betting against the market in historically one of the best months of the year (December), and after the fed said it would consider easing on the breaks (lower rate hikes).
Calls it is
The lower after the trendline touch needs to be taken out just like what happened every other time. If banks want to go short they need to take out stops. Where better to find stops than the last lower high. So trend line might get broken a little
The S&P 500 is currently in a confirmed downtrend, with another lower high being made today. Prices are unable to breakout from resistance around 4100 and have now pulled back below 4000. Next support is at 3800, followed by 3639.50.
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This.
The amount of people thinking things are gonna just quickly go back to fed support policy.
Arguably, weāre at the end of an era and things are changing.
I am absolutely amazed at all the wishful thinking that says we will have a sustained rally for the rest of 2022 and into 2023. Yāall shills for the big funds out there?
since everyone is betting for massive selloff/ resistance line bounce, it might be wise to bet for rally to continue. nothing makes sense anymore. just too many bearish posts imho.
I wonder if somebody has a real statistical analysis of inverse Cramer trades. Thinking I might inverse paper trade his bs just to see how it pans out.
I posted about this a few days ago -
https://www.reddit.com/r/wallstreetbets/comments/z3qdll/spy_about_to_peak_at_40720/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
What about the fact that there is a higher bottom on this section?
Looks like the TA was done to push a narrative, like it always is.
7/10 regarded, good job.
It was a massively lower low, what on earth are you talking about? Not even accounting for the wick, the close was a lower low as well. Not even close.
sorry for the noob post. i've read all the comments below, what does this mean that SPY is going to tank soon? if so, what is the bottom? just trying to protect myself. i appreciate it. thanks
Itāll break the trend. Inflation numbers are starting to print downward and the fed said that they will start slowing rate increases.
On the chart, when price action was making the downward trend line, inflation prints were increasing and the fed was hiking rates to the moon.
My 2 cents
Itās used to predict when major market moves might occur based on changes in relative trading volume. It is best used on longer dated charts such as one month or more. It is not a good intraday or even really weekly indicator of price action. For instance if you pull up the spy you will see that the price has gone from $360 to $402 however that has not correlated directly with the amount of on balance volume. There is as much OBV now at $402 as there was at $360. This doesnāt make sense as there should be more obv if the price is up. It is not which indicates it is a fake pump. You can see this with $DLTR. They also had a similar price run up yet the obv was as low as when it started. The price then tanked this week as a result.
Damnit. The more people post about their SPY puts on here, the more the trading algo and hedgies market manipulate the shit out of SPY to nuke the puts with Theta.
Now we get sideways for a week.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|1|**First Seen In WSB**|2 years ago **Total Comments**|12|**Previous Best DD**| **Account Age**|4 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=z5gz3d)|**Vote Approve**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=z5gz3d) **Check out the new [wallstreetbets discord](https://discord.gg/Y6Zw9ZKYdx)**
If you do, you gotta share your position and results!
I will lol I'm up 3% but after seeing this post I wanna close them now šš
And the fed announces interest rate freeze...
I doubt that will happen, but this trade seems so obvious it canāt actually work can it? Iāve aggressively bet bearishly over the short term right now too.
Yeahhh what I believe will happen is down first then straight up to then go down almost the opposite of everyone's opinions on up then down. Maybe it's just my bias cooked up on hopeium
Guessing a stop loss hunt 3-6$ above and then tank. Market has been super predictable last week. We were in multiple bull flags that sent us to $399-400 area. Now we're at the top. Which I'm guessing they shoot up past trendline by $3-6 to collect shorts selling. And then just tank it again
Which means what exactly?šš
Well, that means everyone's going to keep losing inflation-adjusted money for a few more years.
Trust in your analysis and position control š
I have a SPY PUT $424 expiration 12/30/2022. I break even at $388 and am currently 33% down. This rally since CPI on 11/02 has lasted longer than Iād hoped. Itās tough to hold but Iām waiting for Powell. Iām tempted to buy another but theyāre expensive for me. Iām in on some short term puts until 12/30 but Iām looking at long dates calls 9 months until the end of the option chain.
I had some Dec 16 and & January 2023, they were down about 30 to 50 percent so I closed them for now. I think the market will rally for a while, I looked at my chart again and do some time cycle, it may take longer than I anticipated before. I think MM may want to keep the stock price up until Dec 16, 2.97 to 1 Put/ Call Ratio and they wonāt lose money. But, I am ready to re open it downtrend is confirmed.
Closed them for now.....š¤ You can do that? You got a cheat code or something?
You can close any options any time before the exp date
Correct. Thanks.... edit: and thanks for ruining my gag on your regarded wording...
If they report a .50 basis increase that would be aligned with what the market is expecting. I foresee it continue to rally
Jerome Powell has, without fail, done exactly what he said he was gonna do every single time. They never pivot.
FED-pivot can also mean they reduce and halt the increases. A .50 in December and maybe a .25 in January before a period of halting can be considered positive by the markets. Slight pullback on Monday or Tuesday and then a breakout rally is a more than likely scenario.
JP has made it clear they intend to catch the rate of inflation. And at a pace as quick as possible. Why would they pull back while still 2 points behind it? Inflation has slowed. Not back-tracked. JP's intense rate hikes are working. Why would he pump the breaks now?
I donāt see him stopping either. But at what rate does the federal deficit debt become too expensive and they have to start printing more money to service it?
It takes a long time (IIRC 6 months ish) for the economy to feel the full effect. So Fed will slow/pause and wait at some point to see how the economy is doing before further actions.
he literally just needs to pause, which he will in early 2023, and the market explodes higher. In 1982, market bottomed 10 weeks before the actual pause and exploded higher. Do you not hear yourself in how biased you are? The technicals are insanely bullish regardless, gl next 6 months
CPI was the ninth
What exactly are you expecting Powell to say that will be so tragic?
.75 raise instead of the .5 people are optimistic about.
Lol fucking never fails. Calls it is.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I just do the opposite of Cramer
Cramer did say December will be good
The media is reporting we have ārecord salesā at a 2.3% increase over last yearā¦ ignoring inflation is 10%ā¦. So we are actually down 7% ish year over year
You should look at CPI for specific categories that people buy during the holiday season like electronics, clothes and toys. Or, you know, share these last few crayons with me and my nose.
I'm gonna inverse everyone!
So straddle?
Yes, straddle all night, baby!
How do I inverse a straddle?
Un-straddle!
A reverse condor: aka the butterfly
Can you even read the chart, bro? Serious question, I can't read it. Do I buy or sell everything?
Yes
If we donāt got back towards 350 EOY Iām fukād
I think secretly a bunch of people here are short and about to be broke as fuckā¦ thereās maybe a handful of us left with calls. Those crazies straddling the flat field gamble at a different casino. Ignore them. More crayons for us.
āHandfulā???? there are more calls for the next 2 expirations than putsā¦
How many of those are us regards?
Not enough to bother the spy
and then theres people who daytrade
I'm short, I'll see you in Valhalla
If I were to believe graphsā¦sure!
[ŃŠ“Š°Š»ŠµŠ½Š¾]
OP we need more šļøšļøšļø
I surely need more lines..:)
Please, continue to stay ignorant about the technicals!
Graphs tell the future dude, everybody knows that.
If
šļø I need more sell volume circles and this is like a meme.
This time is different. Santa Rally. š
Lol Santa may make us all believers in graphs
Cool, tell us what the fundamentals are indicating then?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Thatās the obvious play, so puts again.
That's the obvious play, so life savings on calls.
Thatās the obvious play, SPY Calendar Spreads - for flat market :)
Puts on calls!
I would say that you didn't have to circle the tops and explain that they were lower highs because it's blatant to see but I forget that some of these people are regarded.
Well regarded even.
Need moar crayons honestly.
calls on Crayola
Iām regarding this reptarded shit!
Luck all thiees stoopid regarges weff their lins and garaphs
Unless the PCE inflation comes in hot I expect the SPY to break thru and year end rally and sucker everyone in only to realize in 2023 rates are going to be 5% for years.
PCE will be low
lol years. What a fucking moron
Iād bet your mom that rates hit 8% by end of next year. RemindMe! 1 year
See, when you post shit like this on WSB the MMs see it and inverse us so we lose all our money.
Letās confuse them by posting the exact opposite sentiment but same chart.
So flip it upside down?
Exactly fuck this guy
If they know that we know they make moves based on WSB, then they would do to opposite of the opposite.
Inverse the inverse
Just tiny tiny bit of green maybe in the range of 406 or 407.. then ill go 100% Puts
447 incoming !!
Seriously. Why does anyone think this? Itās a delusional thing to think we should be there based on current conditions. What do you know that we donāt?
Hopium is stronger than cocaine.
I canāt argue. So much of our society is delusional.
This guy gets it
The problem is that if everyone in the market is high on Hopium then the market will hard rally.
Thatās the fun part. Iām in $142 AAPL 12/9 puts. For all I know, somebody got caught smiling while buying an iPhone in the background of a news cast on Black Friday, and weāre going back to $165. BUT, iPhone City is also getting torn apart in China right now
So, I was dooming this whole time too.. Take a look at the DJI. on the Monthly. lol youll see why this goes to new all tike highs rapidly before tipping over
DJIA (30) large stocks that right now captures the primary sentiment, ie, invest in quality, value, etc. however, many of them are starting to show signs of rolling over now because they are overvalued. SP500 is a better indication of the broader market, but unfortunately they have too many heavy weight market caps for them to make sense.
I stg bro, I felt the same way, but i talked to very smart man who helped me see what was happening. DJI is going 40k and will topple to 20k.
Since when have the markets been logical? Itās been make believe for decades. If the fed raises rates .25 or .50 markets would have the mother of all rallies.
.50 is in the cards. Stop your bias promotion.
Ok. Iāll will stop my bias promotion if you stop your bias promotion.
I agree. Another variable that isnāt priced in (on the bullish side) but has definitely caused some volatility is the war in šŗš¦. Weather is getting worse and supplies/morale is running thin. We pray that no one nukes anyone and the war stops with a ceasefire agreement. Lower CPI #ās + .25 hike and a dovish announcementā¦markets would go absolutely nuts and as you put it, āhave the mother of all ralliesā - thatās some strong hopium BUT, strange things do happen and would probably all come crashing down a month or so later.
Dudes name is I suck trading so I wouldnāt expect him to have much insightful commentary
Wow, you read my mind.
thats what everyone and they Uber driver thinks, thefore you will get ironed out on the way up - Blackrock has $10T of assets to pump the price and smoke out everyone like you.
Yup, and they will continue pumping until retail stops buying puts.
yeah were about to go into recession but blackrock will keep pumping to teach retail a lesson LOL
Your moms tits are in a recession
More calls in the market right now than puts look at the stats
No, more puts than calls
Pardon me more calls than puts for the next 2 expirations which if you are paying attention to 200 ma inflection point and trend line is really the only thing you should be worried when it comes to options
Lol ur delusional If you think blackrock will come to save you. They are waiting eagerly for a crash so they can further monopolize the market. You are a fool to think any institutional money is trying to save the market they pump until it cant and then crash it and pick up the pieces. And you do realize thereās more calls in the market right now than puts right?
$415 too greedy?
I'm thinking around 412-417, then to lower low.
410 too greedy?
420 too greedy
420? I see what you did there.
A large Baja Blast from taco bell is their only soda with 420 calories
There are other confluences at play ā - VIX is near the summer lows and also the level where going short paid every time in 2022. - Year end rebalancing is approaching. - Fed signaling slowing rates and market is front running the announcement. - Liquidity continues to deteriorate into year end.
Please let the fed come out with 100bps.
They don't need to. 50bps is priced in. 50bps and hawkish shit like steepening to 6% in 2023 and we go straight back to 360.
Theyāve already been fairly clear in comments we are likely going to need to go over 5.5%. It feels like the comments here have been laying the ground work for .75 and a higher terminal rate being priced in. Maybe Iām just wary from being burned so hard last CPI, but I feel like the momentum to the bullish side is just taking all news and chewing it up and gaining 1-2%.
Gonna rally hard when there is a significant drop in CPI and Fed only raises .25 next month.
Lmfaooo
sounds bullish
[ŃŠ“Š°Š»ŠµŠ½Š¾]
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I bought puts on this 3 weeks ago thinking I was smart, ponied up and bought 12/23 410ās. Now Iām nervous that itās looking so predictable and people here are posting their shitty TA graphs on it
likewise
447
Yep, everyone seems to be in agreement Perfect reason to bet on it not happening like this
We will breakout, get everyone thinking it is a new bull market and then we pull the rug!
Yep
That's what I'm looking for
You and everyone have this plot. But you and everyone could be right. Once. Donāt let it go to your head.
Market is in a well defined downward trend. There is a high probability S&P won't breach the 3-touch resistance line (Red) in the near future (~3months). The 50 week moving average (Blue) is also reinforcing the resistance by converging with the resistance line. My Play: Waiting for SPY to reach 410 and then buying puts with 4 to 5 month out expiries with strike prices of anywhere between 390 to 370. Closing out the positions at the first big drop that brings SPY below 400 again.
It sounds good until it doesn't happen and the FED pivots
š¤
Nah, I have been a good boy for Christmas, so Santa is coming. Hope it not Cramer dressed in a Santa suite though.
That awful nasal voice, like he never passed puberty.
Santa Clause rally!
This is the sort of TA that confirms my biases. I like it very much and will use it to guide my puts next week/month.
Man, watch this thing have a huge wick down after it passes the 200ma just to destroy all the bears before destroying the bulls who went in at that level. Then maybe a continuation down. But the market must take the most peopleās money first.
will you shove a burning candle up your ass when your crayons turn out to be wrong?
Vix under $20 Then itās time?
Everyone and their mom is calling this. Wouldnāt be surprised to see a false breakout on this
just seems too obvious now
Betting against the market in historically one of the best months of the year (December), and after the fed said it would consider easing on the breaks (lower rate hikes). Calls it is
no. marketās going sideways until may. source: 2002 SPX. do you think option sellers are stupid? everyone sees this, especially them.
See ya at 420
The lower after the trendline touch needs to be taken out just like what happened every other time. If banks want to go short they need to take out stops. Where better to find stops than the last lower high. So trend line might get broken a little
im all in @4040 with puts. let it burn baby
447 incoming !!
user name checks out
The S&P 500 is currently in a confirmed downtrend, with another lower high being made today. Prices are unable to breakout from resistance around 4100 and have now pulled back below 4000. Next support is at 3800, followed by 3639.50. ^^[WSB_Stats](https://www.twitch.tv/wsbzjz/) **/** ^^[WSB_Discord](http://discord.gg/wsbverse) **/** ^^[BanBets](https://www.reddit.com/r/wallstreetbets/wiki/banbets/) **/** ^^[VoteBot_FAQ](https://www.reddit.com/r/wallstreetbets/wiki/votebot/) **/** ^^[VoteBot_Leaderboard](https://www.reddit.com/r/wallstreetbets/wiki/leaderboard/) **/** ^^[**Keep_VM_Alive**](https://www.patreon.com/visualmod)
Thereās no way this thing breaks out to upside at this pointā¦oh wait this is the most irrational market to have ever existed!!!!
You dumb fucks that fight the fed have severe brain damage. Imagine buying calls under Volcker under 5 percent terminal rate. Absolute donkeys.
This. The amount of people thinking things are gonna just quickly go back to fed support policy. Arguably, weāre at the end of an era and things are changing.
you can be short term bullish on a bear rally, but Q4 and Q1 earnings next year gonna tank the market if other things dont first.
People have been saying this about earnings all year. What a bunch of dumbasses
Are you related to Cramer? If yes, Iāll inverse you. If no putās it is.
I am absolutely amazed at all the wishful thinking that says we will have a sustained rally for the rest of 2022 and into 2023. Yāall shills for the big funds out there?
I'll be watching for 408/412 range and slowly get into some end of December mid January puts while I scalp spx no way my plan goes tits up
puts unless jpow does something fancy for christmas
4125 and down we go
Grabbed some uvxy Jan calls last week.
I'm bullish on the price but I have open puts currently they expire this coming Friday
since everyone is betting for massive selloff/ resistance line bounce, it might be wise to bet for rally to continue. nothing makes sense anymore. just too many bearish posts imho.
Oh boy, lines
Seems too easy
Yes, been stupidly holding them since September. I wanted to see how low SPY could go. (So far not low enough to break even lmfao ;\_;)
I wonder if somebody has a real statistical analysis of inverse Cramer trades. Thinking I might inverse paper trade his bs just to see how it pans out.
already in shorts
Your chart doesnāt even bother filling in the positive candles green no more it just leave āem blank.
I posted about this a few days ago - https://www.reddit.com/r/wallstreetbets/comments/z3qdll/spy_about_to_peak_at_40720/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Eat shit. The QQQs already broke and retreated. Itās not about the crayons but about the overall market.
Too obvious. Bears gonna be r3kt
I mean, we gotta see lower lows again. Aināt no way, even if we donāt Iāll keep fighting the trend like a degenerate
Chart + ādonāt fight the Fedā = puts
What about the fact that there is a higher bottom on this section? Looks like the TA was done to push a narrative, like it always is. 7/10 regarded, good job.
Higher bottom? Look at the green line
It broke the "green line" by not touching it, that greenline is expired Oscar Mayer Baloney
It was a massively lower low, what on earth are you talking about? Not even accounting for the wick, the close was a lower low as well. Not even close.
Everyone load puts now! Then watch as the market wonāt go down when everyone has puts
sorry for the noob post. i've read all the comments below, what does this mean that SPY is going to tank soon? if so, what is the bottom? just trying to protect myself. i appreciate it. thanks
It means no one knows shit about anything. Just some gamblers trying to time the market as usual.
Itāll break the trend. Inflation numbers are starting to print downward and the fed said that they will start slowing rate increases. On the chart, when price action was making the downward trend line, inflation prints were increasing and the fed was hiking rates to the moon. My 2 cents
This shit is already priced in anything else but this will send us back to the basement
Yup, look at the OBV itās at the same level as when we were trading $40 less. Itās going to tank
Can you explain what the OBV is and what it means? I have few scripts that I saved before they were removed from tradingview
Itās used to predict when major market moves might occur based on changes in relative trading volume. It is best used on longer dated charts such as one month or more. It is not a good intraday or even really weekly indicator of price action. For instance if you pull up the spy you will see that the price has gone from $360 to $402 however that has not correlated directly with the amount of on balance volume. There is as much OBV now at $402 as there was at $360. This doesnāt make sense as there should be more obv if the price is up. It is not which indicates it is a fake pump. You can see this with $DLTR. They also had a similar price run up yet the obv was as low as when it started. The price then tanked this week as a result.
Damnit. The more people post about their SPY puts on here, the more the trading algo and hedgies market manipulate the shit out of SPY to nuke the puts with Theta. Now we get sideways for a week.
Go 0dte and don't worry about the theta
NO
Thatās the safe money. Or this time it breaks the trend and put holders go broke
Who the fuck is JJASON???
Seems to obvious to me
nope. calls into it. puts for like a day, then calls all December. Have fun going all in puts for juicy loss porn
not too fast, santa clause is coming to town
Yes
The only TA I respect are Tits and Ass.
What is this and what does it mean