30 Comments
founding

Tic, can you confirm whether I have to re-subscribe if I am already an existing subscriber before the price change? I thought I did not have to but this is the last newsletter I have seen. have there been other newsletters after this one? Thanks.

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author

No. Price won’t change for you. No need to resubscribe.

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founding

Great! Thanks for confirming, Tic.

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Tic - for ES view of level II, NT seems to be light? I can't glean any real information from their DOM or Level II (dom doesn't show anything but standing limit orders, doesn't track buy/sell side at market). Volumetric bars do better. So question is NT or Jigsaw or Sierra for ES?

What a friday!

Dave

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I dont get it. I paid for the sub and the newsletter looks the same lol. what is added?

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founding

Pursed lips sink ships

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Tic you had mentioned a while back that 109-110 may be a bottom for TLT after the recent low of 108. Do you think we go lower than 108?

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Tic Thanks,I have a very good friend at a small Toyota Dealer that will order you the Rig you are looking for w/o am 2nd sticker .If you would like ,He's on I-5 in Chehalis,WA .

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founding

Thanks Tic.

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Keep up the good work Big Cat 🐅

Always appreciated

Thank you

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LOTS of consumer data tomorrow ahead of Powell hour. Bring out the knee pads!!

See you Sunday and have a good weekend.

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Thanks Tic! See you tomorrow!

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founding

Thank your TIC! 🙏

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founding

Thanks Tic. Do you think if the market will try to twist Powell's words, find a dovish interpretation and trade above 4200 in IB?

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You can count om that. Midterms also important. This is a politically-driven Fed

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founding

Sir, What do you see as the potential high tomorrow for oil and NQ side.

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founding

Thanks very much Tic!

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What do you see as the potential high tomorrow? You never addressed that. You said a D1 close above 4200 could lead to a retest of 4330, but what about tomorrow’s action at the high end?

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Scenarios covered is bearish biased as usual lol.

An IB close above 4230 may target 4270.

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Hi, in the bearish scenario I read we will test 3990, if I am not mistaken. Are we considering bounce from there? Or bearish weekend leading to bearish next week?

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To determine this you have to look at the price action near the levels. Couldn’t have been a more bearish close imo. Thank you Tic! I shorted 4200 as soon as I heard Powell say Pain/Volcker comments. Only ☝️ Tic!

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Thanks for your reply. Do you do options? I subcribed here and based on some levels took some calls and puts. How far out do you select the exp, day, 1 week etc.?

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I like to trade SPY off the ES/SPX ordeflow levels, I use these levels to correlate them to stocks and buy either SPY puts or calls as hedges to these trades. Friday my plan was to short 4200, once Powell got going I saw the downside potential so I bought SPY 400p for 8/31, as the market kept selling off I chose take 50% profits at 100% on those 400 and open SPY390p also for 8/31. Towards the end of the day and before the bell I closed remaining 400p at close to 250% and sold half of the SPY 390p at 100% and to make the rest of the trade free. So far according to futures we seem to have gapped down another 30 points so let’s see where these 390s open at , cost on these was .29 and closed on Friday at .55 after I took 50% risk off the table at around .63

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Thank you Mr Tic . Very informative. I agree that tomorrow will be lot of volatility. JPow is speaking right in the middle of IB

I have a question: I upgraded to founding member subscription few days ago and have not seen a change in the benefits. Can you please clarify what else I need to do for added benefits of founding member subscription. Thank you

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How/where does one upgrade?

What are the purported added benefits?

Thank you!

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