o O... shots taken at the long 894 guard chopped his head off and brought him to his knees. Who knows, a couple more shots and the battle will be left to the 2nd line of defense down to 891.75. Below that, a slide to 883.5-885 long zone is awaiting... D.
No......more to do with comfort levels holding decent sized positions in AH SHORT versus holding LONG positions.
No intraday delta divergence to buy the 894's but I did buy a few at 895.00 off a different intraday scalp signal I use, just in case we make an end day run back to the highs.
How large was the expected inventory zone @ 905? Are we talking little league park (2-3 pts) or MLB sized park (5-10 pts)?
I see 4k contracts defected in the 891.75-894 zone (8k to go?) while CD div took a 12k haircut @ 894. Maybe sufficient for scalping long I would think but who knows in the AH, there are glimpses of red ceiling building above 894. D.
I wanted to have some LONG positions entered in a separate intraday only trade, just in case we get an end day run.....that was my logic for a side bet LONG scalp trade intraday only. I have set another target for the LONG trade at 901.00 and then my last target for this trade is 904.00......where ever price is trading as we near the close, I will just flatten the remaining positions I have from my separate LONG trade.
You must have scared the shorts above 898 because now I see that they wimped out! 897 to 898 long zone building up. D.