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But we should at the very least exceed last week's RTH Low in RTH this week.

So, let's take a closer look at this allegedly healthy pullback. In my mind - there's a great deal of difference between a week that sells off softly from Monday through Friday versus one which drops the same amount or more in one or two days. It might very well be the difference between a...

Posted on Wednesday. 2 days later - we're down 240 points top to bottom. The signs were there. :)

You may be comparing apples and oranges as a single price bar in isolation is essentially meaningless. 4 % over the course of a week is a different matter than 4 % in a single day. Besides - didn't you label the crash in March a healthy correction, too?

Equally, one can say that a market which goes too high, too fast, ain't a healthy market either. It's a great market for traders, though.

It's anyone's guess on a day like today. I'd say 3430.

What's a gaslit argument?

Yeah - assuming you actually get the top. :) If not - the initial and subsequent stop-outs will eat into your P&L when you finally nail down the top. Great catch this time, though. I always pay attention to your long term calls. Even if you're a bit early at times. :)

Long only traders who don't compound can easily handle today's drop and more. Long only traders who compound their account could blow up on a day like this.

No - this isn't a healthy pullback, but a huge drop. It's possible the market will reverse from today's low - but let's not call this what it's not. :)

Have fun, @schizo :)

3600 looks inevitable from here, but I think tomorrow will close lower than 3576,50.

190 points / + 5,6 % in 7 days. Never looked back once 3400 was breached.

Why short a rising market? Every prior top recently was forewarned by a daily reversal which gave ample opportunity to enter short on that day's Close or the next day. It's very unlikely that tomorrow will open gap down 80 points unless there's a news crash - which by definition would be...

Who’s complaining or blaming...?

Well, there’s been plenty of big players who have been wrong and blew their account. Both private and institutional. So I wouldn’t make conclusions on that basis alone. Besides - isn’t a large part of the volume in ES caused by arbitrage and hedging...?

Absolutely loved this one. :)

It's interesting to consider that there will be long buyers who will buy the actual top. This time like prior times. Other top signs: - Overhearing immigrants talking about the stock market and their investments - One of Norways biggest female influencers going all in the stock market Note...

I hear talk about both 4K and 4.2K. When? This year? Off my trading computer now, but didn't we close at 3250 or so in 2019? So, we're up about 300 points or 9 % so far. 4000 would be + 750 Points / + 23 %. Seems like a stretch to me given that the world's in a recession. Seems irrational...

Obese as well? :)