Trader_Dan

@AdamMancini4 @paparrazipizza @tradethetraps Exactly. Do that and get smoked. Blows my mind people saying this even after what they've seen with their eyes past 2 weeks.

@paparrazipizza @tradethetraps Why would anyone do that? That is not trading that is gambling

Its the standard Sunday gap down in #ES_F (same thing every week). As posted at Friday's close, let ES retrace now. Bulls want to recover 7120 now to see 7135, 7147-53. 7085, 7072, 7058 are next supports down. Watch for traps of 7058

@AdamMancini4 You say watch traps of 7058 in a way that makes me wonder, knowing you for years. Why traps of 7058? Do you mean 7085?

@Basssem666 Keep doing , like I did. And blew up. You've been saying this since 650.

$SPY Closed the ones below for a -20% and -55% and rolled as I said i will earlier. This can still squeeze to 713 if it has more gas so I’ll add there.

@Basssem666 fuck this market. I am calling it, and closing my short. Fuck this nonsense market that can't even sustain 10 pts drop. I lost all my savings and then some... The one for record books rally should crush me? wanna cry...

$SPY I was bullish at 630 and everyone can go back and see my posts. I missed this move up too but because I was waiting for 626 to open heavy longs. Price got to 628 and blasted. I waited for a decent pull back to long because I don’t like chasing and it never came 😅.

@JohnLoc18 lost all of my savings and then some...

@JohnLoc18 fuck this market. I am calling it, and closing my short. Fuck this nonsense market that can't even sustain 10 pts drop.

Morning, finally some $SPY pullback right here

@fit_businessman fuck this market. I am calling it, and closing my short. Fuck this nonsense market that can't even sustain 10 pts drop.

@Unstoppable1983 Market mechanics are supportive.. shorts want to see vix close above 20 and doji or reversal candle. Peak pain tomorrow 685 so price can drift lower. MM are running the show here. See what they do unless sellers step up and flush market.

$SPY 1st target: get back under 6865 JPM call strike to stop MM buying on delta hedge. Once recovered they flip seller on hedge to defend strike as a ceiling. Never in history of JPM collar has it been popped 1st month and sustained. Hedging delta forces them buy above: sell under. We saw the same in reverse when MM sucked under JPM put strike last quarter.. they were forced sellers to maintain hedge.

@AdamMancini4 @Porterhous90889 the problem is there is no such support as it's been vertical up, no? There is no "well-defended support" as you say in NL that needs failing for dipping and FBD. What level do you think has to fail for a dip to start? 41?

@Unstoppable1983 @Porterhous90889 I don't predict that at all - I just respect the trend and ride my runner. Market will dip when a support fails

Day 4 lockout rally in #ES_F after Sunday evenings 6793 Failed Breakdown, given live & in newsletter. Yesterdays targets gven 8am were 7048 main (hit), 7073 bonus (hit) Plan: 0 to do until deep sell. 7056-7073=flag. 7073, 7087, 7093 next slate. 7041, 7016=1st support of interest

@AdamMancini4 @Porterhous90889 So you think it's still perhaps not time to get a dip based on your readings? Trying to learn as, this has been for record books as you said.

@Porterhous90889 No more bearish posts on my feed anymore (I track them) at least when there were dozens in late March when we were longing the original set of big failed breakdowns. Means retail bears are tapped out at least, need them to start longing though more aggressively before we can dip

@Basssem666 Volume on the way up is always lower than way down. I don't know why so many just trying to say it's abnormal. We're smoked holding on to our short positions and while I'm still holding , I think if we don't reject today to be a failed breakout then we're done.

$SPY This rally has been remarkable no doubt about that, but the volume is very suspicious. I’m not trying to be a perma bear and I’m not, i go long when i see fit. Despite that I still underestimated the extension of this rally and took multiple losses trying to short it. Owned my Ls and moving on. I’m currently neutral, not bullish, nor bearish, and I’ll explain why. The volume on the weekly declined as we went up, the monthly looks funny as far as volume, really pathetic so far but there are still two weeks to go. Nonetheless, with how much the index went up it should be a lot more. This lack of volume says smart money isn’t buying. I’m not calling for new lows or anything yet but just caution. This rally is still very suspicious regardless how historic it is. Price is currently at a rejection zone between 700-705. If price rejects then we’ll start correcting a little. If price holds above then the next level on my fibs is around 710- 713 and that’s crazy without a pullback, but I’m ready for anything at this point to be honest. The first phase of the correction whenever it starts should resolve around 682-678, won’t be in a straight line as there are many supports above, but eventually it should get there, then we will see whether the bulls or the bears are in control. If the 670s hold it’ll be a buyable dip. Technically, even if the correction extends to fill the gap (660) or tag the 200 dma from above it will be a buyable dip as well, if the levels hold of course. If price starts to make higher highs again from there then we’ll likely go for 713 or even higher on SPY, that’ll be super bullish. If price drops below 659 and fails to reclaim it then we are going to test 648-644, if this support fails too then price is heading towards the March low and may even break it. Ultra bearish. It’s still 50/50 between the bulls and the bears despite the massive rally. The volume is very suspicious. No bias. One level at a time.

@Basssem666 How degenerate have we become that we've watched 800 PTS vertical up and now become happy with a 10 pts red candle ; feel sorry for myself 🙁. Have lost nearly everything disbelieving the whole rally every day saying it's been up straight too much and only added to my loss.

$SPY swinging. Not calling for new lows or anything, just a pull back before most likely resuming up. We should get it soon. I got time and balls.

@JohnLoc18 How degenerate have we become that we've watched 800 PTS vertical up and now become happy with a 10 pts red candle ; feel sorry for myself 🙁. Have lost nearly everything disbelieving the whole rally every day saying it's been up straight too much and only added to my loss.

The nearest $SPY gap is 686, hopefully it pulls back to that level by end of this week before grinding higher over 700 imo 👍

@Basssem666 Absolutely, what the f. What a f'ing f. Have you already dropped the ball?

$SPY just drop already. I’ve never seen a rally like this one while actively trading. Not even in the 2021 euphoria when I was new. Zero pull backs. wtf.

@JohnLoc18 Fucked up ... Fucking straight up not even Covid was like that. I'm smoked and not even sign of rejection.

I don’t know if you have been trading for years or decades, this is my first time seeing this straight up V-shape even stronger than the April bottom. $SPY 🤷‍♂️ No idea what are they hiding, just my opinion.

@DomenicusTravol @fit_businessman I shorted ES 100 PTS lower.

@Unstoppable1983 @fit_businessman you are right. smart money dumb money is crossing but not fully reverse. did you buy some puts or something else?

$SPY ⚠️Liquidity Drain on VixExp⚠️ Well done if you were in calls today.. move went higher than anyone expected. I think the short thesis is being battle tested to force tap out by institutions for exit liquidity. Puts are priced cheaply for them to snatch up in sell off. The way I see this playing out is far from consensus. I need to see where CTA and Vol control positioning is after today’s buying in pre market. Algo pumping war headlines on low volume squeeze with systematics isn’t bullish. Institutions are NOT buying this move. Institutional sellers lurking above. Possible liquidity break setup so be careful going long without pullback. Responsibly I think most should wait for a retrace and be patient. Move is overextended. Iran headline algos have been running for week on ceasefire/war ending; CTA are at end of buying, and squeeze tapped out the shorts that couldn’t take more pain. (Rest are mainly holding) Counter trend short takes a different type of mentality than momentum trading. I have only been in my position since Monday scaled 680/82/85. Trade just getting started. Major considerations: -VIXperation tomorrow -Tax deadline tomorrow.. TGA spike estimate $300B which drains liquidity out of equities -MOPEX $1.9T notional (MM won’t roll over and pay out long calls ITM) -Mopex max pain 670 **changes** -Puts have been burned—generally MM will pull market opposite direction to burn calls now (watching) -Sentiment is consensus bullish -Volume bearish divergence to SPY Counter trend expectations have not changed. Trade is invalidated if pullback can’t close <50MA or breaks then recovers close >50MA. Will reassess at that point. For now; bear window is open. Sell-side has until Tuesday to prove direction.

@DomenicusTravol @fit_businessman That's good if it's true. Then they'll flush it. But I'm worried there may be still bears left and that not so much chasers bulls so they may want to flush it later .. that's my worry. What if tomorrow is yet another day straight up like we've been waiting for a dip last 5-6 days

@Unstoppable1983 @fit_businessman i guess no bears left..

@Basssem666 Holy smoke. Pray to God that it rejects now after breaking ATH here ....

$SPX $SPY New all time high. Wow 😮. Not even calling for new lows or anything but a pull back to the 4H 200 ema, like come on,😂. SPX 6790-6750 and SPY 680-675. I got time and not emotionally attached to the position so letting it ride. All eyes on the Real Madrid VS Bayern Munich match right now.

@fit_businessman @DomenicusTravol Holy smoke. Pray to God that it rejects now after breaking ATH here ....

@DomenicusTravol @Unstoppable1983 People were shorting the hole in 630/40 and now buying the top 695/700. Just remember; markets are meant to bait in most losers not winners. If the psychology were simple we would have much greater than 7% success rate for traders.

@AdamMancini4 Will that f'ing deep sell ever come ?! What will be the first level / fbd from here that would make you interested Adam? There's literally no good low.

My last tweet was a few mins early because there's 7048 final target hit exact in #ES_F. Today's target slate was given at 8am. There were 3 targets: 7021, 7036, 7048. 7048 has hit. Anymore today from here is bonus for that runner. 7058, 7073 are bonus No entries until deep sell