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Soared, then gored.

Picking up speed too.

Almost back to SOC "scene of the crime"/CPI breakout point.

ES is already 120 points lower than the HOD!!!! How much more lower will get you to believe? edit: make that now 125 points lower.

Day is far from done but looks like the makings of a gap and crap one?

A lot of volume done between 4120-4140, 4040 looks like current destination if 4080 doesn't hold?

If you feel being confident about your trades and your perceived market moves have at it. I've found for me to be successful it is better to "question everything". And always, always use stops.

Four Steps to Trading Success by John F. Clayburg

You posted a Dow chart? I assume since you cropped out symbol and I don't follow secondary market indexes very much.

And now more and more after.

A lots of stops just got triggered, before news.

They can interfere. They can't can't control, at least not much or not for very long. Market forces always take precedent in the end. The biggest fish in the sea, if they get too big, learn that lesson

When it happens. When hasn't happened yet.

Master Pu can't help himself following an index with Industrials in its name thinking it is the market. He's so last century, make that last century .... before the last century. :)

;)

Ummm, maybe it's nothing:-

d, - Sorry to hear that. 20+ years dealing with them never anything close to that. Good luck though and give them hell as I know you will. BTW hope you got a heated driveway, heavy dumpage out there over the weekend huh?

Should have said ... very short term. Positioning is another story.

I like to short as much as .... some other traders :) but ES is up 55 pts from the open, it's crazy to think short, especially late in the day. Just sayin'.

China dramatically loosening Covid restrictions means they are seriously concerned about their growth prospects next 6-12 months - so commodities, almost across the board not just oil, are down. IMO long is likely wrong.