12/11 DRC

 Odd market action coming in. Not sure what to expect from here on. This is part of the reason I exited all my swings is because I have no idea what this pullback is going to be like. I want a total reset here before I want to swing again.

Day trades though, were in business still. Some great setups out there to both directions we will see what we can get. 

Im finding myself quieter these days. So much trading to do, not a lot of time for typing. Lots of thinking. Turning into chess for me. I type things out when I can, but finding myself in a good enough spot I dont feel the need to write everything down all the time again. 

STNE

V slow name, super tight D chart. Held well all morning, nice tight top at prev hi, just short of ATH. Looking for big pop to take quick move off. Thing can go minutes without a trade. Well see, risk not huge. 

Pulled in a bit, bought up with good bids. Added.

Market blowing up too, should help. Vol increasing Big. 

New hod, added. Just a bit more to ATH. Need 75 break for big move. 

All core adds, this name doesnt have momo so no quick scalp adds. Just waiting. Looks great. 

Pulled lower, failed hod break, into big bid at vwap / close. Still reasons to hold. 

Turned up, trying to add more as we go and got it. 

Added again as we had some momo going higher, v cool to see this slow name get some momo going. Vol increased just gotta push through. V tight. 74.93 the number to beat. 

TL catching up, still super tight, 20ma here now. Looks good, market still pushing higher. 

Losing momo as it moves higher. Did just tick out a new ATH. no blow up. Problem. Market still v strong.

Essentially making a big rising wedge here. Need to gtfo fast if its going to turn on me, stop set to just under breakeven which would lose TL and probably see all these longs get out asap. Needs to bust higher quickly. 

Got my big pop, sold half fast. These kinda stocks, wont waste a second taking profits, could easily turn on me. 

Started turning again, took another half off, letting rest ride, no further than TL loss. 

Already losing TL. PB coming all the way back. All out. With names like this, action like this, why even chance it. If I get a reset ill take it, but will take a while.

Is right at top of zone / hi / ath, might be sooner than I think. 

ABNB

took a glance, made huge flag, going for scalp momo.

Just looking you can see each pop getting sold hard, but doesnt mean we cant pop again, each dip also bought so very tight. 

Dips to vwap keep getting bought, SPY started losing it under vwap exiting early. Will try again if it gets there. Market not helping at all at the moment. 

Did drop lower, but failed bought back up, will take breakout higher again. 

SPY

all day huge puts, clearly weak bets placed. Saw the flush under vwap on SPY and QQ, witing for other singls and spot to find short.

Bought puts as we started failing a breakout higher with other FANG doing the same. 

Internals rolled over lower, SPY at vwap now needs to lose it.

Added some more and QQQ turned and added more, now under vwap and fialed breakouts everywhere. Expecting new LOD. 

Internals also turned lower so we look good here.

QQQs getting weaker, SPY popped higher. Internals not making LLs

Added more as we lost more and followed QQQ

Internals rolling lower, QQQ at HTF level holding it, tought spot, needs to lose it, FANG can go either way, looks like fail but keeps trying to get bought up. 

So tight, just cant quite lose it yet but signs telling me to hold and wait to see how it plays out. 

Failed another break higher, dipping under vwap. Cant hold under, still super tight with QQQ under and interlas holding lower, some making LL. 

QQQ in contact with upper TL from HOD below vwap. SPY again failing break higher, internals not making HH but neither LL, split

FANG weak. 

And finally got it, QQQs lost it and I added more. 

Broke TL into 2nd pivot before LOD. Internals helping, must hold

Finding buying at TL here, not getting to pivot, making buy doji at TL. QQQs continue, we should lose more. 

Covered some as we made new 1min high, dont like buying here, saving some risk. 

Made new lows anyways, dumb, only covered 1/4 so majority remains, broke pivot will take another 1/4 if i see more buying. QQQs slowing down.

And we did see more, covered half now, letting rest ride, hoping to see cap move sooner than later. Every long very unhappy right now. 

PB v shallow, didnt make it to TL retest. Made new mini low. QQQ the same. Internals no bounce. 

Move lower very slow, grindy. No serious selling. Feels like were waiting to catch a bid to rip again, will take more off when we lose 9ma. 

Lost for a moment, but reclaimed lower.

And again a 2nd time, no new pivot lo here, big vol increase. 

Now new pivot low into HTF level and prev lod. Big zone here for buyers to come in. 

Have to be cautious about rips, happened everytime last few SPY trades.

But made new LOD. 

Now under huge pivot levels, lose 364 is bad. Starting to see cap move. 

Didnt break it, but started pulling up on me, not a full cap move here so took more off, still holding original core. 

Now lost 364. being defended quickly. 

Jumped up quickly into TL and 9ma, will be all out here if we turn around with internals too. 

Turning lower, will see if it can stick a lower move again. 

Internals turned lower harder than rose, might see the cap move here. 

Made new LOD again. Gott dump hard and fast, i wanna see it. 

Making big falling wedge, finding S at bottom TL, gotta lose it more. 

And does. Cap gotta be coming. 

Just cant do it for me covered half again. Original entry remains. Wedge TL + 9 + HTF zone to act as R, if reclaims all out. 

Broke higher, low vol pb, internals now made new highs. Might be done without cap move. Surprising.

Got to 20ma, finding struggle,  made new pivot hi into prev lo, holding for shakeout. 

Cant see it, had to exit as i had to leave desk for a flash. 

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Something is odd here, might re enter. 

And did, v slow rollover on SPY with low vol pb, prob now is 9/20 under price, but we held under low with nice pattern, maybe quick scalp, would really like to see that cap move, feel like were not done moving lower until we do. 

Dipped well into MAs, internals too with QQQ, no follow up though, still holding.

5min 9ma right here above price. Prev lo still acting as R. Waiting.

2nd pb higher not reaching last high, turning lower again, this is moment again to lose it. Wont add, no need, internals not as clear, but market obv v weak FANG as well.

And did turn, made new mini low, NOW well see if we can get cap move or if we are done. 

Push lower did not have good vol, same on QQQ. Starting to pull against me, must hold. Internals split, 1 new high. Now both. 

Big vol increase but big doji, QQQ made new high, all out breakeven. Fine. Let it be

Solid wins today. SPY great reads. Gonna walk and call it early friday as I got chores to do.