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Some longer term trends still remain down, do not overstay your welcome, we reacted due to highly confluential technical convergence, will it be the bottom? No one can really answer that, I prefer to land profits off good reactions then move onto the next trade, never been a bottom fisher and...

Never been able to find a good answer, but what's the rationale for oscillator divergence having predictive value? Thank you

No it does not, and all of these debates are not very productive.

This one will hurt you.

To me is trading vendors and snake oil salesmen.

Shorted ES Sept 84 cover Friday close. EDIT: Good sized position

Truth is, if you are trading, you should not be a bear or a bull just a disciple of the flow. In that sense, I do feel for those unable to follow the path of least resistance.

Will try to get long ES below todays close in afterhours or morning to hold for another green close or at least gap up. Remain bullish.

Selling them for gains.

The pattern just keeps repeating itself, morning downside turns and its off to the races. Quite visible in 30min charts.

Hard to get bearish september and october when July close does not close below Mays.

At one point during my learning stages these type of questions drove me nuts, how high? how low ? too low ? too high ? Then I finally realized if one trades price and the setups without consideration for this psychological placement, things get much easier for us as traders. Nowadays...

Just like that :)

Went long SPY calls expecting upside from now onto tomorrow morning.

I have not been impressed by any. There are hundreds of "educators" in the forum who as usual, do not backup their illusions of grandeur with concrete evidence that says, "listen, you can trust me, I know what I'm doing". As far as people making live calls, the transparency is never there...

I don't understand this infatuation and anxiety over bubble bursting. Until it bursts, enjoy the ride, when it does, enjoy the show and adapt accordingly. Predicting tops in monster uptrends making record highs is a fool's game because there is virtually, no technical resistance.

Never invest in slow growth stocks when the market is making higher highs.

Cutting winners short is mine, not adding to winners enough as well.

Very good points, thank you for your detailed explanation.

Thank you for the chuckle, :p