MM

359 posts

MM

MM

@MM4SPX

Katılım Ekim 2021
8 Takip Edilen11 Takipçiler
MM
MM@MM4SPX·
@JohnLoc18 Ideally want to see price go below 650 this month then we will see 620/615 by June end. But of they rip it up from here 680 is key. And I have a feeling they will rip it up.
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JLoc
JLoc@JohnLoc18·
If $SPY closes March below 665 then say goodbye to April, May and June. The monthly chart looks terrible.
JLoc tweet media
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MM@MM4SPX·
@Han_Akamatsu Ahh got your point. Yeah that person screenshot is fake.
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JLoc
JLoc@JohnLoc18·
This is Biden’s Market
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MM@MM4SPX·
@market_sleuth Given recent job numbers and uncertainty about war and inflation impacts from oil prices, he might hint rate cuts and keep a soft tone. Also lets see if he wears purple tie or some other color. I am expecting a choppy session and a pinned opex. Real move bext week.
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John
John@market_sleuth·
I don’t think what Powell says tomorrow at the presser is what’s going to matter as much as the revised FFR dot plot & quarterly summary of economic projections. The Fed can’t ignore oil’s 66% YTD rise in price.
John tweet media
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MM@MM4SPX·
@SuperLuckeee Only difference is this time the correction is just 5%. Time for 200 to curve and slope downwards slowly making it as painful as possible to both sides.
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Esther & Michael
Esther & Michael@SuperLuckeee·
SPY closed below the 200-day SMA 6 times in history. Every single time, it recovered. Here's every time it broke, what caused it, and the return after it crossed back above 200SMA again: 🔴 Sep 2000 – Apr 2003 (31 months) Dot-Com bubble burst. Trillions in overvalued tech stocks imploded. Drawdown: −49% | 1Y return after: +33% 🔴 Jan 2008 – Jun 2009 (17 months) Global Financial Crisis. Overleveraged banks, toxic mortgage debt collapsed. Drawdown: −57% | 1Y return after: +45% 🟡 Aug 2011 – Oct 2011 (3 months) US credit downgraded for the first time ever. Euro debt crisis erupted. Drawdown: −21% | 1Y return after: +27% 🟣 Feb 2020 – Jul 2020 (4.5 months) COVID-19 shut down the global economy overnight. Drawdown: −34% | 1Y return after: +43% 🔵 Jan 2022 – Feb 2023 (12.5 months) Fed hiked rates at the fastest pace in 40 years to kill inflation. Drawdown: −25% | 1Y return after: +26% 🟠 Feb 2025 – Mar 2025 (1.5 months) ← WE ARE HERE Tariff war shock rattled global markets. SPY hit $481. Drawdown: −31% | 1Y return after: +40% Avg 1Y return after crossing back above the 200SMA: +35% Episode 6 just triggered. The market has never NOT recovered. This time it will recover fast as soon as the WAR is over.
Esther & Michael tweet media
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MM@MM4SPX·
@JohnLoc18 If oil goes to 200 world economies will suffer. The pending recession that was being kicked down the road now seems to have higher chances due to oil prices, rising inflation, job losses…thanks to warmongers they have succeeded this time.
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JLoc
JLoc@JohnLoc18·
This oil game is more complicated than tariffs one last year damn. At least tariffs sent em’ crash quicker than this oil bs. $SPY
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MM@MM4SPX·
@market_sleuth If spx 20 sma is tested today I will get in, 20 has been resistance since mid feb. if 20 is reclaimed this week and stay another I will switch to bull camp as next stop will be 6960
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John
John@market_sleuth·
I view every trade I make as a business decision. Even for the 250K challenge account. It's a decades long habit. I can't pivot my mind from that discipline. I was going to buy SPY puts today but I don't like the setup. I'll wait until after CPI. If I miss out, oh well.😴
John tweet media
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MM@MM4SPX·
@JohnLoc18 Johnny is popular and rich now…success!
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MM@MM4SPX·
@JohnLoc18 good to see you back! congrats!
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JLoc
JLoc@JohnLoc18·
$SPY Fuck all of you haters I’m up $100,000.
JLoc tweet media
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Bobby
Bobby@FlowbyBobby·
$SPX heatmaps, comment your thoughts
Bobby tweet media
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MM@MM4SPX·
@market_sleuth He blocked you as well? He blocked me
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John
John@market_sleuth·
I see many people mocking him & that makes me sad. We ALL make mistakes trading. I BLEW my entire account on a SINGLE options trade in April of 2000 after having a multi-year run of gains. I did advise him twice last week to take a breather & not trade so often. But we're all human. We all have to learn the painful lessons that trading teaches. I'm hoping he comes back stronger. 🤝
John tweet media
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JLoc
JLoc@JohnLoc18·
Costco is still packed even it’s about to close its gas station in 45 minutes. Other local gas stations changed the price to $4.16/gallon. FUCK. Goodnight everyone. A bit worry about my $SPY calls positions.
JLoc tweet media
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MM@MM4SPX·
@JohnLoc18 You holding anything over the weekend?
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JLoc@JohnLoc18·
Hey this is my first time managing a big ass port with 6 figures. I need time to learn risk management, and of course mistakes will happen. Some of you just standing outside and laugh because people are losing trades, low ass brain-rot. “I told you so”, “lmao” fuck off. You can’t stand losing you can’t make money out of this manipulation market. It’s been hard for me, the road is pretty long ahead and I will never let myself/my fam down. $SPY Number one.
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MM@MM4SPX·
@JohnLoc18 The data we are getting is increasing likelihood of democratic party sweeping mid term elections and increasing likelihood of economy going into recession later this year. If oil prices does not go down sooner SPX will get a good haircut. @market_sleuth what you think?
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JLoc
JLoc@JohnLoc18·
Costco gas station is packed as hell.
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MM@MM4SPX·
@JohnLoc18 Ouch thats 80K. Did you recover some?
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JLoc@JohnLoc18·
What I messed up today on $SPY $SPX, I have balls to show my loss, no lie.
JLoc tweet media
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MM@MM4SPX·
@JohnLoc18 check weekly as well. I think we will see 6630 next week, NFA.
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JLoc@JohnLoc18·
$SPY daily chart is showing a bottom reversal candle again (short term). Nfa, I’m still watching til close. No more trade for me, just hold my calls.
JLoc tweet media
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MM@MM4SPX·
@Glitch_Trades VIX double topped on daily and stalled. I am smelling a VIX crush today :)
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Glitch
Glitch@Glitch_Trades·
@MM4SPX That’s very far OTM for OpEx I believe. It’s still possible but the nearby ones hold more weight.
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