I fade clown accounts on X. Sometimes funny.
Dickville
Joined March 2024
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John is one of the biggest clowns on x. I can’t reply Bec he blocked me. But yes all he does is post caution all day and he’s been offsides for a year now. Always writing “waiting to buy puts”
So how do u get along with @3PeaksTrading
The last few years there have been people selling the idea that "options drive markets" with all the gamma/dealer bs, but it is just such a low-level and delayed way of looking at markets that pretends to have been right after the fact while giving equal upside/downside views daily
Fundamentals drive positioning, which yes, is done via options, but you actually know the direction by staying focused on fundamentals, and of-course price-action is your real-time indicator of a shifting view of forward fundamentals
Massive value in following options flow/positioning as it alerts us to deep dive into names with intriguing fundamentals very early, not much value looking at silly shifting gamma, GEX, DEX levels daily, unless you are a scalper picking up pennies, real wealth is built via longer-frame positioning
Isn’t ur colleague @3PeaksTrading obsessed with gamma levels?
People will spend so much time over-analyzing and thinking things like Gamma levels are important, yet we break below them and snap back, break above them and fade back under...it is chop chop chop
Meanwhile, just look at how simple... 8/21 bear cross back near SPY 690 = risk-off (momo is dead), each of these weak bounces fails at the falling 8-MA
The guide is...close above, get moderately optimistic for a rally, see a 8/21 bull cross, get more aggressively bullish
Trend is lower, until get actual price-validation it is not, less predicting...more reacting to what is actually happening
Yep. @market_sleuth is always being cautious and then somehow he’s on the right side of the trade. Can’t belive he has 50k followers.
Again @market_sleuth with the caution signs. Every day telling u to be cautious as the market rallies week after. And then will claim victory after the eventual pullback.
Weak market structure Bec of a 5 min sell bar on $SPY ?
Wow @market_sleuth how long u been trading for?
Still waiting to buy puts and then magically hav them if we dump? 🤣🤣
Wonder how @market_sleuth is doing. Every time something from his feed hits my timeline it’s some bs comparison to 2007 😭
$MAGS is over 8/21 daily and over all weekly EMAs and like $2 from ATH but it is breaking down.
@market_sleuth instead of blocking me why don’t u hav a conversation instead of grifting to ur 45k followers?
$SPY $QQQ
@market_sleuth how’s $AAPL looking bearish? How about $GOOGL ? $TSLA? Looks at $MAGS if u see soemthing bearish maybe you’ve been trading for max 3 months.
Pullback to the yearly $ES POC at 6050 wud be nice
See anything on $HD?
