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Looks like 4030 to me.

Nice. May I ask which MAs you use?

I'm just watching this at my soul sucking day job, so no trades on for me today. Generally, odds favor yesterday's LOD holding and a positive close for a day like today. I still think we might be around a major swing high, though, as we're coming into major resistance and we're still in a bear...

It's interesting to note how strong bullish sentiment was in this journal yesterday. The question wasn't if the market was going to go higher, but how high it would go. A strong day up was pretty much guaranteed. I think the same scenario played out multiple times last year as well. It seems...

@schizo I see several failed IHS patterns in that chart as well, so wouldn't bet the farm on it. Let's see how she goes. Exciting times for sure.

Similar view on the cash index. Coming up at the 200 day MA, an open gap and a trend channel high. Who knows. If that number comes out favourable maybe the market will rally through all perceived resistance and print an outlier week.

Unless the bear market ends this January, I wouldn't think we trade much above 4060 tomorrow. Right now everyone seems to be long, so that warrants some caution. That report tomorrow could easily reverse the markets as well. 4150 as mentioned would make this a 6 % week and a bit of an outlier...

Very nice graph you got there. Great job! Interesting. Can you elaborate on the Al Brooks course? Was your near ruin a result of trying a new trading style that didn't work for you or do you disagree with the teachings regardless of that? I know Al Brooks is a controversial subject on these...

Curiosity, yes. It would be interesting to know if there's anyone here who's actually making really good money. My assumption is that most ain't making much or are net losers and I'm not even convinced there is anyone who's actually making a killing consistently. I may be wrong, so that's why it...

I don't mind a diversity in opinions and enjoy reading various comments here, but condescending comments and threats of using the ignore function just because of a question/remark isn't something I appreciate. Keep bragging. It's all good to me. :) Sunny can brag as well if he ever sticks his...

And yesterday you believed the market was going down posting it multiple times, but when you were clearly wrong and confronted with it you start with condescending comments and threaten with the ignore function. That's not very nice behavior. Rest assured, if the market did go down yesterday...

That's not accurate and you know it yourself. You posted multiple times this morning how the trend, trend, trend was down. You asked us all to guess which way you thought the next move was...? Surely the implication being it was down. You were saying today would be a down day yesterday as...

LOL. Nice comeback. I’m not sure how many would benefit by holding your hands. It’s all very vague, but today you would have been a great fade. :) No need to block. I’ll stay out of here.

My point is simply put that your comments about the trend being down today have been useless as the two major moves today have been up. In fact, you have fairly accurately said it near the lows. Everyone and their dog knows that we're in a bear market and that the trend generally is down. A...

Right. But you did say: And then the market rallied off the lows. Earlier today, you also talked about the trend being down, down, down as well. And the market rallied 45 points. Now, this isn't to knock on you. But the point is that saying the trend is down doesn't necessarily translated...

Sure. However, the market can be range bound as well. Not always trending. In fact, most of the time ES is range bound on the day session. As can be seen - the market snapped right back up below 3900 as I suggested could happen. Anyone who shorted near the lows or at the lows are now in the red.

I may not have been paying attention. Where to next? In my view, we're still in a range here which could easily hold to the down side. Trading it is the difficult part as between A and B the market is making huge moves both ways and often in seconds. I got whipped around today...

Yeah. Tricky times.

Would be odd to not see 3950 today. Outside Day potential (3980). But what do I know... :)

The problem with shorting is that we have major support here around 3900. Still leaning long here, guys. Maybe this is a fantastic sell in hindsight and that 3900 level won't hold for a minute, but right now I just don't see it.