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Just saw 4 trillion in financing programs for businesses now. Damn, if you throw enough $ out there, it may stick.

We have too many assumptions based on fear. Let's use some numbers for analysis. We saw that China lockdown was 1 month. Let's assume 3 months for the US because we're not as good as the Chinese. If unemployment is 30 millions-to throw out some big numbers-the cost is $180B for unemployment...

Well, before the official markets are trading, this is just like a betting site...with 50 pts spread. Wow!

Small group of people trading CFDs. So, may not be accurate. Funny thing is it said 57% of clients are long...

Is this accurate when markets open on sunday?

Definitely did not call a bottom here. In fact I said it does not look like bottom is in. But I am more interested in day to day analysis for trading purposes.

There was confirmed liquidation at CME last Friday...during RTH. There's a thread on Ronin Capital as well.

Friday close with the forced liquidation makes it harder to read. Although, it does not look like bottom is in yet. The potential 2 trillion dollar package in the work, roughly 10% of GDP or around 1 month if economy fully shutdown, may negate the effect of 1 month lockdown. So far, we can...

Plus 1 for new journal.

Well, it's witching hours, so this is expected. The price action is all over the place today. Hmm, take down Monday or rally...

Note to self to take profits early and wait for the shake first next time. Although, I am still up for the day, but left alot on the table that I could have played it both ways. Edit: looks like a massive change in trend the last two hours.

Wow, that took out alot of stops. Right on the play, wrong on the timing and magnitude of the shake.

Moment of truth. If I am right about today, then, rally from here above 2400.

EOD today is a hint of playbook for next week.

Easy quota with VIX trades. I just exited some ES and move to VIX.

Probably next week, but the witches like 2400 too much today.

Dang, missed the long exit near 2450. Again!

Agreed. Not for someone new to trading. Even the pros have second thoughts trading it.

Basically, the market either go up, down or flat. You just need to eliminate the down move...a big down move.

You lose money trading anything if you are wrong. The probability is higher if you know how to trade it. Although, just be careful in this market. You can lose big with quick, huge moves down.