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Flat here for + 13 points on a trailing stop. Let's see if they high ticked me or not. :) Have some place to be, so just wanted to cover just in case. I would still think we take out Friday's LOD, but might not be in a straight line.

NQ broke Friday's LOD already. Leading lower for now.

I have an open gap at 5128,25. I don't see why not... :) Locked in 4 points here. Will probably cover at 52.50 for 20 points if not regardless what happens.

Stop? Seems like we take out yesterday's LOD by the close.

Stop at B/E. Holding for 52.50. I think we nudge below, though. How much only God knows. May not be much. :)

Went short at 72.50.

If we breach the current LOD, I'm sure we'll take out Friday's LOD. Not playing - only watching for now.

Watching for new RTH highs from here, i.e., > 5213. If we get that - probably 5225 by the Close. Need to clear 90, though. Next potential sell level. If we start ripping above there, I would guess we're done below for today - barring any news from the ME.

Sell the rumor - buy the news? Have to admit it was surprising we didn't get even an initial smaller gap down. I'm guessing lower again at some point, but it's smooth sailing higher for now. Can't argue with the market.

Yes. Let me know when you figured it out. I've followed this conflict on and off for the last 20 years, so it's not like I learned about it yesterday. Good. That's progress. I think I'll take my exit here as all this discussing back and forth is a waste of time and usually it doesn't lead...

Yes. This is just technical, though. With the backdrop of what's going on in the ME, I can't say I'm very bullish short term.

SPX Monday: Just looking at the technicals, I have a 70 % chance of a green close on Monday. A smaller gap (+/- 15-20 in this volatility) up or down should indicate a good long around the opening period after the initial zig zagging have settled. I would fade a larger gap up for a gap fill...

For ES, I have the 50SMA at 5145. ES low on Friday was 5150, so I'll accept that as close enough. On SPX the 50SMA is 5110,38. Friday's low actually exceed that at 5107,93. A quick visual back-test of the 50-SMA on daily closing prices doesn't strike out as anything special to me. Looks like...

I'm thinking it's quite possible the market's already in a correction regardless of the events in the ME as we've been printing lower highs and lower lows ever since the 1st of April. It will likely be a messy one, though. Monday's anyone's guess at this point. First, let's see where the market...

What do you mean by not doubting that Hamas commits terrorist acts? Is that even up to debate? Hamas is widely recognized as a terrorist organization. Their charter literally states that the goal is to eliminate Israel and that negotiated resolutions are not acceptable. This is jihad...

Feel free to do whatever you want as long as you can stand by it. It's a free world. But in this thread we have for example @NoahA here who's wondering if there's something to Kanye West's Jewish hate and how the Jews are getting rich at the expense of the rest of the world which is suffering...

Noah, We've been friendly on these boards, but I have to be as blunt as to say I think you're out of your depth here. Your source is a documentary you've seen, but can't even remember the details of? I suggest studying up more on this conflict before you speak strongly about it. And what's up...

The anti-semitism is strong in this thread. I'm surprised by some of the comments here.

Probably not on this leg - unless a full war breaks out. It could happen. Let's see how it plays out. One thing's for sure and that is that this market will 100 % go down like it always have throughout history. But on a long enough timeline I suppose I agree that it's a forever bull market.