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This is not a good development for the bulls. Truly, it means jack sh*t at this point as this market is wobbly and one shouldn't read too much into short term gyrations. We're still holding yesterday's close here. But for a big face ripper bull week like many have been hoping for it's not ideal...

Thank you dear market for giving me such abundant opportunities to make money lately. You're really doing your part for sure and I sincerely appreciate it from the bottom of my heart. I'm sorry that I'm not always doing my part and still mess up once in a while, but I'm doing my best to get...

Jesus Christ, no. No, no, no. If Overnight is in drawdown that's on him. His method isn't even Buy & Hold, it's Buy & Hope and he's known to buy tops. No offense, Overnight, and I sincerely hope it works out for you, but it's not a winning strategy as one or two major losses are likely to...

Weak bounces so far. 3725 holds some significance as last week's range high. Maybe... EDIT: The market usually opens with a gap, so either up or down from here (34). I took a lottery ticket down here. Don't think I'll participate on the short side if stopped. The reason I'm cautious against...

Found a bid at yesterday's close for now. Let's see if it's a weak bounce or the pullback low... :)

The bulls have been calling for a bottom since early September getting it wrong so far...might get disappointed once again. Meanwhile - there's plenty of big moves in both directions. No top or bottom picking needed. :) This move lost momentum just below yesterday's premarket high at 77. Back...

As soon as the cash market closes - ES pops 30 points / 0.75 %.

Specifically. What do you mean by that?

Calls are worthless, but if you check my posts I said I was biding my time waiting to buy from those who bought the top and that we could easily go all the way to yesterday's close, but initially I was targeting 30. I don't see anything special about today. It's a volatile market.

I'd give 1 inch of my 9 inch d**k if I could consistently net $787.50 per day, so I'm mostly joking around... :) I have no idea what people on this thread or on ET or elsewhere are making day trading ES. My goal for now is to double or triple my account trading mostly one contract only. And...

Globex gap from yesterday filled. Yesterday's close around 3690 if I recall correctly. This is a market where it's very easy to lose money quickly and where any signs you're wrong should be taken very seriously and quickly.

Yes. Still watching this from my work computer. Like I said earlier there's always a pullback on ES, although one can get euphoric and believe otherwise and start chasing. Same story all over again, really. Big picture - it's still a green day / week, so the sky ain't falling yet. Hungry dip...

2 points shy. ;) Enough to trigger a scalp entry at least. Soul-sucking job is calling, so I'm flat and probably done. We'll probably trade 3750/55 from here which will be the next pivotal point for higher or lower by the close. But I think there's a decent chance we had the LOD now. Not...

The simple answer is that the e-mini S&P 500 does not trade in isolation during the US Equities session where it is arbitraged against the S&P 500 index which it is a derivative of. There's also the huge volume in SPX/ES options to consider which also influences the trading of the e-mini...

3730 may be sufficient, though. Could still go all the way to yesterday's Close. Have to see what price does when we get there. Biding my time here and getting ready to buy from those who bought the top.

Clearly, you didn't read properly what I wrote or understand what I meant. You've done that a few times now. Try again and I'll explain if you still don't get it.

Plenty of bagholders up here. Need a pullback to 3725 or so before I'm touching this.

Funny how the market didn't budge at all during RTH yesterday and went to the moon once Globex opened. I imagine there are certain "rules" and also arbitrage/hedging which put constraints on index futures during the equity session.

It sure is a ripper, though.

No, I don't disagree that we might rally out of this zone and I said so on Sunday, actually. My only concern as a trader is being on the right side of the market or on the sidelines when I don't know what's going on (or if I missed the bus). I'm not sure if there's any value in calling tops...