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    A big rally by Monday close?

    Shorted the Open at 22 and trailed myself out on that 5100 retrace at 11:35. Flat ever since. :) Looked promising for an Outside Day, but seems like a rally was triggered after that bond auction. 5150 is highly unlikely today, but in fairness to Schizo the market was rallying very hard during...
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    A big rally by Monday close?

    Today's initial squirt was a good short. Watch this turn into an Outside Day. 5060. :) I can imagine many didn't imagine this outcome by yesterday's Close.
  3. L

    A big rally by Monday close?

    Reversal playing out nicely here, but I'll wait a bit before celebrating just in case. :)
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    Algo & Quant traders

    SML, At this point, you're just sounding dumb and like a broken record. It was funny last year. Was not your goal to trade 100 ES contracts? Obviously, you can't do that with a $2K account. Until you have taken that $2K up to $50 or $100K by clicking and guessing, you really should humble...
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    A big rally by Monday close?

    If we go that high, I would speculate that the correction lower may be over. If this week is an A-week - we should have the top today or early tomorrow (RTH) with a squirt above today's high. This could be an /-week, though. So, just watching for continuation or rejection in this area.
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    A big rally by Monday close?

    Good swing short in this area (5115), but best not use a wide stop on it just in case. I think this can all reverse by Friday. If not, maybe next week. Always the chance we actually put in a swing low last Friday and the correction is over. Monday and Tuesday were the easy days. Just watching...
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    A big rally by Monday close?

    Nailed it. ;) This is predictive/statistical modeling by the way. No charts. Something Quanto / Cunto / wxytrader says is not possible for retail traders because he read so on Reddit.
  8. L

    Forever Bull Market

    NQ / NDX is lagging. Not a good sign.
  9. L

    A big rally by Monday close?

    Looking at the hard data, this Monday was an up day closing green with the prior Friday being down. Leaving out some minor details, this gives very good odds of continuation higher tomorrow and a green close. So, I'd say this leg up continues tomorrow - hitting maybe 5100 on ES. I am however...
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    A big rally by Monday close?

    One could argue that this group generally gets it wrong. In fact, if you buy after a < -1 % down day your odds and average return would be greater than if you bought after a > 1 % up day. This is looking at a broad sample of course.
  11. L

    A big rally by Monday close?

    Important for what may I ask? As a day trader, the ultimate goal is to buy the low and sell the high or vice versa. The dip from the top or the bounce from the bottom would be a bonus. As such, the actual Close is less important. Within a predictive model or similar, the Close may be...
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    A big rally by Monday close?

    Dip below 55 and we're likely done above for the day, but viewing this as a pullback for now which likely will be bought. One last squeeze going into the Close. NQ's such a drag lately, though. So, it could definitely kill this for today. Ultimately, I think we'll see lower prices before...
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    A big rally by Monday close?

    Important for what? If you're long, you should have had a very good day already. The rest is just a bonus from here.
  14. L

    A big rally by Monday close?

    NQ is likely to hit 17500 today, so ES is likely to keep going. 5090/5100 looks like a possible target by the Close - pending any changes in current action.
  15. L

    A big rally by Monday close?

    Given time of day and current structure - this could hit 5080 today if 60 pops. ES, not SPX.
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    A big rally by Monday close?

    Weak dip into yesterday's Close. Let's see if we hit 5060 by the Close now. :) EDIT: That would be Friday's Close.
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    A big rally by Monday close?

    Seems like the anticipated rally is cancelled. NQ leading lower and already red. Just no upside momentum left in the market at this point.
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    ES Journal - 2023/2024

    Maybe not right now if flat, but surely the market's in a correction now? Less than 200 points and we're back to last year's close on ES / SPX. NDX almost there already.
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    Algo & Quant traders

    LOL. Says you. Honestly, you come across as a complete amateur - especially here with your opening post saying quantitative trading is the same as chart trading. LOL, LOL, LOL. The Bitcoin market is open right now. What's your position? Long, short or flat? Where are you wrong? Where do you...
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    Algo & Quant traders

    Still seems vague to me. My view and message for the last two weeks have been that the market's in correction mode and I would assume sell the rallies for now. Specifically, my target for this week was 5K on ES. Not that it matters one bit, but I did post it quite a few times on these boards...
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