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Great catch. When will you teach me to pick tops...? :)

This chart proves I got lucky today. Check the retracement and my stop. Some will say there's no luck in trading. They're lying. :) One more pop now. No need to get greedy, so I'll close it out for 38 points for sure if I don't get my limit a bit higher just now. EDIT: And stopped for 37.25...

I know someone who said they never trade the initial 30 minutes. For me, it depends on the set-up or where the market opens. Often, there's a lot of orders coming in on the Open which ain't necessarily going to give you direction. If you waited 30 minutes today it would have probably done you...

NQ predictable reaction at Friday's High. Still gonna want to feel some of that air like big brother ES, I think. Just watch... :) Stopping out at 99,75 just in case.

NQ closing in on Friday's High. ES cleared that a long time ago. ES closing in on target @ 3715 which is both a technical level and 100 points bottom to top. Should be interesting. One of those days...

Time to start trailing carefully. I will take 30 points as a minimum from this. If 3715 receives no respect, we'll see 3730 by the Close.

I posted yesterday how this 3 week pattern have a skew to the upside with a few of the weeks being 'biggies' to the upside. So, no, no surprises, although I'll have to admit I was leaning short when writing it and took a short on the Globex Open. No follow through to the downside on the Open...

100 RTH points. We're 15 points shy... :) The outlier target would be 3730. It's not out of reach.

Ouch. Thanks for your honesty, though. Remind me. Do you reload a new account every month or take out every profits excess of 10K? Was that the procedure? For what it's worth, today will be a down day for me as well, unless Powell gives me my 100 points. Got into trouble this morning before...

This is a strong trend. A lot of people were wrong today and caught off guard. That only makes it stronger. Powell probably gonna get his 100 points today.

I've noticed that people seems to get too bullish around tops and too bearish around bottoms. This weekend it seemed like people were expecting carnage this Monday. There were also a lot of rumors about a big bank in Europe going bust. Funny how the market did exact the opposite.

Nice catch. :)

Weak dip - check. NQ still an Inside Day, so that should help us here. Would be nice with some momentum above the HOD now. If we puke, I might bail, although I still think today could be a biggie.

I wouldn't worry about it. I'm a late long here as I was at my soul sucking day job on today's Open and watched helplessly. 3685 is the typical minimum target on a day like this, so with that out of the way now this requires some caution. Maybe a weak pullback to 80. If we take out the HOD...

Late shorts are getting smoked and will be further smoked today. 3715. :cool:

Bull flag / channel here. Trying to break out now any minute. I think Powell wants 3715 today. Maybe as much as 3730.

What's your interpretation of this...?

Short term demand zone at 63. Let's see where they close this at the half hour mark. Putting up some nasty tails on higher time frames now, so this is far from certain to the upside.

Buckle up, boys. Even a 100 point day is less than 3 % up on the day. And that ain't nothing special in this environment. :) Need a good pop above 80 to feel confident in the bull thesis for the day, but it if it looks like a duck...?