Welp broke it, so now $660.50. I can't see it going much lower than that. Looking for that level and UVXY $12.30 or so

I like this level for a bounce $663.46

Feels like a big move across all altcoins is just starting. Think the next 1-2 weeks will be nuts, but it's a trade, not a hold.

SPY chart update. Support held right where I wanted. Daily candle almost a bullish engulfing. Tenkan pointing up. Everything looking good so far for the upper targets.

Yep. So far, so good. Glad I positioned yesterday, because it's harder to position today when you're constantly scared of a pullback. That makes me think we just continue to squeeze higher because most people now want a dip to buy-- just not sure if we get it.

And a view of SPY, just retesting the breakout. I still think we have a last leg higher.

The reason why I bought the dip is because VIX looks extended here at resistance with the RSI at the upper bollinger band and price doesn't look like it can break through the cloud. I lean towards one last move higher into next week or the 21st now.

I think I was just a little early. Back in.

Bought the dip

Welp was wrong about this. Back to cash

Surprisingly, alts are starting to look interesting to me here. Started buying for the first time this year. Not sure if it's the absolute bottom, but after watching many charts for years, we're finally at levels where I think it makes sense to accumulate over the longer term.

Happy I exited my puts before close 😄 think the final leg meltup starts now.

And that's why 🚀🚀🚀, calls are going to be happy tomorrow.

Market could really go either way here... starting to lean more bullish though just because many assets are at support. And vol won't spike higher. That said there's still risk for tomorrow. Bc of this, decided to position for both outcomes, short term uvxy calls bc they're cheap, longer term calls (out to 11/21) bc they're also cheap. Have a feeling earnings AH will pump the market up though. If we do go higher, I think it's going to be a sharp move higher.

Haha of course it took me posting that at the highs to finally sell. Finally selling.

Keeping the UVXY exposure just incase

Okay looks like instead of going lower, we bounced. Questioning the bearish move now with UVXY backing off. Started to add more long exposure back.

All signs are bullish for UVXY. Have a hard time seeing how it retraces before hitting one of these levels first.

Do we see selling get worse around 10:30 🤔 Reminds me of the Friday couple weeks ago where we opened higher and then reversed. We've been basing forever (largely bc we were oversold on LTF), feels like we should see a strong move soon. As long as we're under this = bearish

Me waiting for the market to break. While there are many people still bullish bc we haven't gone lower, price action is telling me that the move lower isn't finished yet.