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Out -1.

Short 50.50. Trade based on the premise that we are range bound until Powell and Mnchin's testimonies are done. So, I'm not necessarily bearish edit: Stop: 57.50

Wedge formation in AMD for those interested. Breakout challenge will be for a new 52 week high.

I can see move down as low as 2925.50 to still maintain a bullish outlook. I'll make my decision based on reversal strength if we visit that level.

I agree. I was being rather facetious with that comment. I believed this was the likely direction after the PA on Thurs and Fri. It was simply accelerated by the data

Lol, the whole S&P is now a biotech stock you can play off the back of clinical data

I am not a skilled enough trader to trade this hour, so I keep my powder dry to live another day. It's been a decent day.

With your market insight, you can do damage in the options space.

If you're sharing, I wouldn't mind knowing what beast number means

I felt everything lined up for longs this morning. VXX was overbought and sitting against resistance (Figure 1). ES was oversold on the shorter time frames (<15 mins) and sitting at key areas (2783). It eventually got oversold on the 60 min too. A few stocks I liked were sitting against the...

I'm playing this set up as long as we close above 2792 -/+. A close below yesterday's low will make me rethink. A blowout rally for the rest of the day still works for me today, but I'll probably be flat all day tomorrow.

Financials found a bid and the internals are steadying out EDIT: Long SBUX $ CHGG

Don't catch a falling knife today.

I'll be very interested in others' insight as to that last hour selloff. It was a clean break down that cut through several price levels like they weren't even there. Is there a macro event on the horizon? EDIT: Didn't @vanzandt said earlier that we are climbing the stairs up but taking the...

I was looking for this number yesterday, and I was a bit stumped by the run up back to 2930s (Twice). I didn't maximize this down move at all

They are searching for those bids.

Yea, I'm standing clear of financials right now. They've been a favorite playground for me, but not no mo' until shit gets clearer. I hear those mortgage deferrals were quite popular

I don't know what it is, but something stinks at Wells Fargo (WFC). I'm sure it'll all look obvious in hindsight

Could be. However, I think there's a strong possibility we'll see 2870 in the AM today. EDIT: I'm currently flat