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I trade 100 % technically myself and I continue observing that technicals work very well. But like I've said, I've had some troubles in this market. Mostly not being fast enough and early on using too tight stops after volatility increased. Now, picking a bottom on the daily chart is an...

I'm not saying TA does no longer work. There's been plenty of excellent technical signals and behavior over the last few weeks in both directions. That said, to me, it has not been an easy market to trade. Particularly on a day like today. What I was referring to was TA in picking a bottom in...

We're beyond technical analysis and N % down at this point. Largest day down since October 1987. No bottom in sight, yet.

Today was the largest drop in S&P since October 1987. That tells a lot. I'm sure Monday was up there, too. Hope you guys crushed it today. Too crazy for me.

Going lower - if not already today, then later. Norway is officially shutting down. Schools. Restaurants. Fitness centers. Hairdressers. Everyone who just came home to the country is in quarantine. And so on. Pretty serious.

50 points in 4 minutes? Crazy. Nice catch.

On what basis? 9/11 must have been entirely different. I can't see it happen, unless they make up some excuse such as stopping people from going to work entirely to prevent the virus from spreading further or if the US goes in complete lockdown similar to Italy. But nice of you to bring it up...

I don't see it that way. The entire world is in shutdown. It's not about deaths, but the fact that every country and government are taking (or should be taking) steps to prevent this virus from spreading. People don't travel. People don't go out more than they need to. Excercise centers are...

I don't get it. Normally, people are discouraged from taking on too much risk. Now, people are trying to encourage the OP to take more risk? I believe the OP said he was down $120 today trading one micro. And no worries about that @sstheo. It happens. If he had traded 8 micros - he would be...

Current LOD is - 20,36 % down from the ATH on ES futures. Very odd that we bounced off 20 % down again. That number must not mean anything...:rolleyes: The pro boys and the floor builder team better be stepping up their game here and in the days to come. If not - we're officially entering a...

Nah. We were down over 8 % a few days back and the RTH range is well below recent averages. I would not say this is oversold yet. As for Twitter, not sure what that dumb guy can do at this point if you've seen his recent comments on corona. I mean, I even like the guy and I've been a fan, but...

All this bickering because of your attitude when I first asked you a simple question. I hope you read the markets better than this. Now, you can put me on ignore and you're relieved of reading my posts.

Remarkably so. Very slow and controlled. Volume is lower too. But it is headed lower still.

Fondly? You seem to have trouble with your reading comprehension all over, re: this post and the prior one you didn't respond to. Get your facts straight, pal.

Predictable bounce off 5 % down (2737). Probably some orders resting there that's triggered. However, the floodgates are now opened. Looking for the next push down to 30 now.

That's a bit harsh, @speedo.

Dozu's pro boys and the floor building team are trying hard to put in a bottom here. Shouldn't trade much above 65-70 if we are to trade lower by today's Close, IMO. We're down nearly 5 % on the day, so this might be it for today. My hunch is however that this LOD ain't going to hold.

Shoot me if I'm wrong, but I believe circuit breakers kick in at 7 % down. However, during ETH, it's 5 % up/down. I mentioned 5 % down, but not as a limit down. That happens first at 7 %.

That would be limit down and official bear market territory. 2737 is 5 % down. Let's see what happens there. Then 2730 -> 2715. If those won't hold today - we may very well see 2680. Why 2680 by the way?

Headed lower, I think. 2730. Then 2715.