trader_abroad
9 posts


Fear among retail investors is rising:
The ROBO Put/Call Ratio is up to 1.0, the highest in at least 20 years.
This ratio tracks retail opening buy orders in options, with the current reading showing retail traders buying nearly equal amounts of puts and calls.
The ratio has DOUBLED since December, marking the largest increase since the start of the 2022 bear market.
By comparison, the previous high was 0.95, seen during the 2020 pandemic.
Even the 2008 Financial Crisis saw a lower high of 0.91.
Fear is becoming overdone in this market.

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@KVanValkenburg He touched the wrong piece and now he has to move it.
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@AdamMancini4 Where is the entry on that zigzag around 6822?
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Today went as good as one can go in #ES_F and now its just about protecting gains as we restart discovery. 6822 Failed Breakdown was long trigger. Targets were 6847, 6864, 6886-90, 6910-13. We got to ~6909, now done.
6886-90 1st small support, then 6864. 6910-13 must recover
Adam Mancini@AdamMancini4
Almost at 6910-13 target and classic example of the only setup I trade: Failed Breakdown - I don't short, I only take these. 6822 trap was trigger given 8am. Targets were 6847 main (hit), 6886-90 (hit), 6910-13 bonus 6918, 6923, 6935 next above now. Ride runner. Same supports
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Closing update #ES_F: Straightforward day. 6969 magnet recovery put bulls back in control as warned yesterday. Targets were 7002 (hit), 7011 (hit), 7017 (high of day). Bulls must recover 93 to rally. 6969 remains magnet below - working there slowly. Newsletter out soon with entry
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Today's perfect session done in #ES_F. Plan was given here/in newsletter: That we rally to 7002, 7011, 7017 final. 7017 is the exact high, then we retraced. Just protect profits now as we await next batch of trades.
Bulls want to reclaim 93 to see 7002+. 81, 77, 69 magnet below
Adam Mancini@AdamMancini4
With today's plan complete and fully played, simply hold runner. Todays target slate given at 8am (and in ystds newsletter) was 7002, 7011, 7017. 7017 is the *exact* high of day. 7024, 7036 remain bonus. 7002 (just tested), 6993 (tested) remain supports. Retrace to magnets below
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