UPDATE August 31
Ahhhhhh what would've been a fabulous day was semi ruined by BABA ![]()
But what will happen next ![]()
One thing iam sure of is OIL🗣🎺🛢🗣🗣🗣
I will cover it in more depth later, the stocks may get driven down a bit but will come roaring back.
First the bane of my day - BABA, why was baba the bane of my day? I couldn't sell - I was stuck because I wanted to buy, so I accumulated.
$Alibaba (BABA.US)$ Today was a great day to buy,
STEEL
$Cleveland-Cliffs (CLF.US)$ iam still short and riding it down. *Funny story - my broker actually limited the puts I could buy on CLF, that has never happened before it cut my order by almost 90%! capped me at 200 wtf. ![]()
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iam Contemplating a BIG move tomorrow, so this is going to be short and sweet, I need to run some calcs and start entering orders, big night ahead ![]()
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I have a hunch
I have a suspicion that the market rally's, like really rally's today... we shall see.
Anyways here are some charts, I will try and keep my opinions to a minimum, and just show the charts as they are.
As always -
Good Luck ![]()
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Engineer, Commodity Buyer, Alert Bettor,
Tesla 🌬 Commodities BULL🐘 Precious Metals Dragon 🐲 and OIL Trumpeter 🗣🎺
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ReStart Hope : Looks like your gut feeling is saying : A day for pullback before another leg up(for oil) or down (for Qs)
iamiam OP ReStart Hope : a big bounce for QQQ, a pullback for oil and the dollar before big legs up. Maybe a 2 day reversal going into the labor day weekend before continuing down either friday afternoon or Tuesday. Just a hunch.
ReStart Hope : I have a different feeling, another leg down today to push the limit, then Thurs Fri bounce back to create retailers FOMO feeling over the long weekend, before another crush next week. Anyway, good luck trade safe!
SimpleTrade ReStart Hope : I thought people will dump more due to long weekend instead? No good news so far to buy up except technicals looking a bit oversold.
ReStart Hope SimpleTrade : Just assuming on how the market mover makes money from retailers. Oversold technical![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
some bullish retailers ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
option expiry ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
many bought puts due to downtrend started last week, but market might not want to go that way on the expiry date. They want the option expires worthless. Just gut feel. Iamiam has a much better analysis, trust iamiam ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
iamiam OP ReStart Hope : it's best to trust your own analysis, no one knows your investments better than you. My play is a "hunch" and built for my investments. As long as everyone makes money![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Jason Jason8 : Do you think @$Indonesia Energy (INDO.US)$What's the trend?
iamiam OP Jason Jason8 : that had a big run and is going to pull back but looks like it will run again
iamiam OP : sold my shorts went all in baba![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
pray or me
102331349 : Are u still holding sqqq?
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