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That might very well happen. The last time we had a 10 % correction (September 2020) it was pretty much smooth sailing once the LOD was in. That is - we went almost back up to the HOD before another leg lower making a higher low: The last time prior to that (skipping the Covid plunge) was...

Yeah. Today's afternoon session was hard. Shorts being carried out in body bags after these last 3 days. + 300 points off the Low last Monday. I'm no expert on higher time frames (and not on lower either for that matter), but I think 12.23 % down on SPX may have been it and that this...

Stopped on that one. - 15. Prior to this trade I was long from 02 with an initial 10 point stop. When the market sold off from the Open for the 3rd time, I was convinced we'd finally head lower, so I scratched it at B/E and reversed short. Staying with my original trade would have been + 22...

Trapping longs and shorts left and right, so maybe they got me. I think we're in a sell zone on higher time frames and NQ have been sluggish as hell for the entire session.

Sold 4500. Stop 4510. Small position. EDIT: Make that 4515 on the stop.

Same play as earlier. ES back to the Open. NQ stuck around unchanged. Still rangebound. Until it's not. :)

Range bound market still. Not much changed since last time I checked in, IMO. 4525/30 by the Close or a drop to the LOD and even a new LOD. That latter does seem more likely, IMO, but I'm not shorting this ATM.

Just checked my statistical model for this kind of pattern and it gives a mixed read just like my discretionary read at the moment. IMO, if higher on the day, we shouldn't drop much below 4490. But, as it's a mixed read, I don't have a strong opinion either way. If NQ can go green and pick up...

Need NQ to hold up yesterday's close and ES today's Open here. Looks good so far, but still in a potential sell zone on higher time frames, so better to not get too smug or confident.

The bulls want 4520 today. Let's see if they can get it. As long as NQ catches up - why not?

This pop could still be sold into, so not very confident yet. Maybe add a few above 03. 2 way market so far today.

Locked in a tick 94.25. Add at higher levels.

Longed 94. Will add higher. Stop 88.

Can't be anyone but bots buying this right now. Just stopped out of my last short + 1,0 as I wrote this. I'll be entertaining the long side if we get a bit higher, but not yet.

Why not stick around?

4450 if we get continuation here. Maybe lower. Probably someone getting caught out buying up here.

Breaking out or reversing here (4515). Could be a sexy short entry.

Likewise! And nice start! Just don't rush it further. Rushing it seems to be the slow way on this journey. Right. I got burned myself last week trading 1 ES and found myself trading with tighter stops than ideal because of the monetary risk. I got away with 5 point stops on many trades, but...

Good to see you back, Sekiyo! Did you make any trades yet? The volatility is very elevated at the moment, so I'd say it would be wise to stay with a few micros initially if you're out of practice. We're seeing 10 point moves in seconds. Literally. Risk is important, but if you use a 2 point...

This drop currently bottomed out at 12.37 % down and the 10% down (blue line) level have been repeatedly bought. I imagine some players have made a bet that this is it. Lots of possibillities here and I for one do not have a strong opinion as of now. Even if we see a strong week next week we...