Nymex Crude follow up

 

Nymex crude... without any hurdle reached 36.90 dollar as predicted (sell on rally)....

What is next...will do analysis tomorrow based on closing...

My take as such overall trend is sell on rally is intact from 29th September... (28th September Nymex high 40.58 may be the closing basis trailing s/l)...

S & P

 S & P high volatility ...with in the band....

ஐயோ பாவம்.... நம்மூர்ல SGX Nifty யை பார்த்துகிட்டு பல பேர் வேதனையோடு இருப்பானுங்கோ... 😄😄😄😄😄 நிம்மதியா தூங்குங்க பிரண்ட்ஸ் ...

Interesting

 

https://twitter.com/markminervini/status/1310724876689436672

Trading

 

Backtest... interpret..... backtest...interpret..... backtest...interpret.... fix the trading setups....trade...

Next week Option (selling) band

 

Based on weekly option volatility.... index weekly band posted in the hangout....

We can concentrate on selling option may be on wednesday or thursday..

This band may help you to determine the market to encash the premiums in both the sides...

Any Guess ?

 

Next week, more strength.....? selling weekly call or put ........

Check 11600 strike prices to get the answer...

I will go by swing points....not a positional take for sure...

I will post my analysis in the hangout soon...

S & P

 

S & P not able cross resistance.......

Refer last week S & P.... as predicted based on level...taken support and moved near to resistance...

Poor fellow....Trump tested covid positive..... 

Again, i am repeating volatility in nifty is going to be 638 points as per yesterday close...

Will post next week index movement band details in the hangout in due course...