Sergio's Trading Strategies & Market Predictions

Discussion in 'Journals' started by Sergio123, Aug 10, 2023.

  1. Sergio123

    Sergio123

    I predict that the market correction ends on the OPEX date of 8/25.


    The QQQ will bottom to around $345. IWM will bottom to around $182. SPY will bottom to around $425.
     
    murray t turtle likes this.
  2. mervyn

    mervyn

    your guess is as good as mine.
     
    murray t turtle likes this.
  3. deaddog

    deaddog

    How do you plan on making any money with those predictions?
     
    murray t turtle likes this.
  4. Sergio123

    Sergio123

    For example on RUT, I like the 8/25 1845/1925 on the call side + 8/31 1850/1840 on the put side.
    Or if you don't like that then you can just use the inverse ETFs.
     
  5. maxinger

    maxinger

    Sergio's Trading Strategies & Market Predictions
    ---->
    Sergio's Trading Strategies & Market Direction / View
     
  6. destriero

    destriero


    What’s the significance about the 8/25 weekly opex date?
     
  7. destriero

    destriero

    Sergio, what exactly is the position in the above quote?
     
  8. Sergio123

    Sergio123

    The market had a bullish peak on July 19th. Alot of traders manage spreads between 30-40 Days out.
     
  9. destriero

    destriero

    OK, I thought you were assigning some significance to the weekly opex. What is the above RUT position?
     
  10. %%
    LOL= good guess.:D:D
    Cant really predict markets;
    if anyone could predict markets, could keep adding on , adding on in oil contracts or add anything, keep adding on + get rich quick.
    Reality check\ even the best trends correct, not a prediction , its a common sense fact.
    Good guess :caution:
     
    #10     Aug 11, 2023