looks like shorting at 3pm will be rewarded this morning
choices we now have ____________
We can close out puts positions at 9;50 - 10 am
OR wait till Noon
most reversals require a an initial low and subsequent retest looking like a W- such should be today's mkt
SAME DEAL for the 13th, but tomrrow could be a V type low.
If I sell put position at 10, I will prepare my brain to buy calls at noon TO SELL AT CLOSE
OR
wait for a big close , then short it expecting another open low, this time at 10;56am, the 23.6%/13 day cycle low
coinciding with 180bars @ 10;30
OR
wait for this low and buy calls to SELL AT CLOSE
More Later
Jay
THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023
6 comments:
Jay, Do you trade the ETFs...If So what are some of yours that you like??
You like options puts, spy?? What do you like to trade??
Thanks Eric
man you're the best ! :-)
jay,
once again you have nailed it !!
i think buying the low at noon seems like the thing to do and then selling at closing - along with going short at the close - lots of buying/selling at the close....
brian
U N B E L I E V A B L E, WOW!!!!
As always, I'm impressed, keep up the good work Jay, it is very much appreciated.
Thanks
Pauline
THANKS GUYS
I will attempt to keep up the good work
We all want to be millionaires this year
SOLD puts at 10am $$$
Bot a few calls
Will sell at close
tomrrow might open HIGHER, then take in the 13 day low at 10:56 before running higher for the day
Jay
Quite Impressive.
Not as much of an active trader as you are (since I do not daytrade), but your work helps me tremendously.
I am looking for a short-term top on the 17th. Does your work confirm that?
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