Nasdaq Expansion?

October 11th, 2022, 09:29 AM

So bears still in control, channeling down, just in higher level. Break out a little weaker than I had hoped, couldn't get over the open.

NQ 333 tick:

QQQ 333 tick:

I don't really have a bias starting today, sell tops and buy bottoms, look for it to break either way.

Gets over yesterday's open, then expansion is still possible, maybe even 280-290 in short term. Give that 40%. Give 235-240 first 60%.

October 11th, 2022, 11:25 AM

Bears and gappers battling it out at the open.

Been a step off all day, so you should probably sell ;-)

October 11th, 2022, 11:55 AM

Gappers won, short 25 shares +$106.

Have no idea now.

October 11th, 2022, 12:49 PM

Thought bears take over, and tried shorting, but saw that was wrong and flipped it over at 365.55, got 25 running and trailing with 2.5 ATR at 267.12. Probably too tight, but good day so...

October 11th, 2022, 01:34 PM

Stop turned out ok.

October 12th, 2022, 09:22 AM

Seeing a line around 262.80. Think I'm gonna pivot there either way and see how it holds against the open.

Looking more and more like 235-240 is next. Hope that's wrong.

October 12th, 2022, 09:41 AM

Other thing, would like to get to MNQ scale by 11/25 for, so need a unit to be around 80 shares.

Every time I do that, I do poorly. Averages really tank. Going to try 60 today, no partials.

So far going good.

October 12th, 2022, 10:30 AM

Trading badly, can't get over this hump.

October 12th, 2022, 11:19 AM

Finally relaxed. Broke, but relaxed.

October 12th, 2022, 11:34 AM

Just gonna trade my line, either way, need it to go a couple dollars. Probably going to chop here in this range again.

Thinking it should push out decent after news today.

If not will carry overnight and hedge with 3 micros as necessary after hours. I don't love doing it, but easiest way I know to get money back.

Nasdaq Expansion?

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Nasdaq Expansion?