9/22 DRC

 Didnt have anything worth taking yesterday. Market was not clear to me so tried to stay away. Setup for some really good moves today though. Looking ready for a deeper pullback higher. Lots of failed breakdowns, looks like bulls are taking this chance to buy some more. Looking for a lot of big turns today to head back up to breakout points. 

Beatdown names no longer looking like daily traders. Will be waiting on strength there before looking at them again.

Just trying to take it slow. Watchlist not that big at all. Waiting for the good setups to appear, manage risk well. Get back on my game

NFLX AMD TSLA FSLY SQ INO



Well I had a whole day written down here. Somehow everything got deleted. 

Basically got screwed on exits. Took some huge slippage in some names a few -2R losses. 

SPY hurt me in one as it dumped hard lower just after I got long ZI. 


SQ

Strong recovery along with market, coiled a long time around HTF and couldnt drop, each dip got bought. In and added. Added big as it looked like it was turning. 10star and fav so big. 

Turn was on big vol increase. SPY took a minute but starter popping again with internal help. Sector also helping tape still here and holding higher looks good for more but needs to see it. 

Internals getting very strong. SPY para into HOD. And what is SQ doing? not a thing. Not popping any higher now just holding here. Warning signs. 

Until it finally does make a push higher above micro range, but didnt stick it. 

Spotting big bid along with TL from lod. Will use as stop. Should be gone higher by now cant do it for me. 

Gave it a second, couldnt do anything all out. 

------------------------------------------------------------------------

Breaking lower into other TL and range low and HTF, might be re entry. 

Did hold it couldnt break lower, in on good buying and added as we went higher. SPY had a dip but bought up. SQ already back to top TL again looking for the break here. 

Broke TL, decent vol, above all MAs, SPY helping. Only broke by a few pennies, no run up. SPY back down. This thing needs to find it or out again on break back under 152/htf. 

Came down, broke udner got out. But didnt drop and back in again.

Added real big, SPY big drop but SQ held and bought up. Added on turn and break of TL. Should explode here. Very tight and coiled I am big. 

Lots of pivots to break here. .75 then 153 then HOD 154. 

Market collapsing, internals following and now SQ is too all out big L. 


WMT

Held up strong whole day and on all down moves on SPY. Just broke range low and saw no follow through. 

In as it recovered and got back above vwap. Top TL in play and very tight along with MAs. 

Couldnt do it all out.

But again, no follow up, back in as it reclaimed and added on TL break. SPY also broke downtrend and turning back up. WMT good buying 

Held higher, at max BP, added options. 

Stalling here after break. Holding higher, sustained volume. Still buying. 

And then broke higher, As SPY turns lower into HTF S zone. Made new lod. WMT not following or weak yet. 

Until it does all out. 



Well if I had any shred of positivity left the market got rid of it today. Massive red day. 






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