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My guess as of now, is that tomorrow will be an Up Day and that we'll also see an Up Week. Primarily looking at that open gap above from Friday the 20th as a preliminary target. 4402,2 on SPX. 4448 on ES. Maybe a test of last week's low first, but we might not get that. Of course, shit could...

Maybe those who complain about the quality of ET should consider how they're contributing and elevating or lowering the discussion. This thread went off-topic quickly. Don't just complain and reminisce about the glory days of the past. Contribute and be part of the solution. :)

So, as September is over, it's interesting to see how this played out. The market did not fully close that gap below, but bounced off that trend line - closing the month down - 4.87 % on SPX. October should be interesting. I wonder if we'll see a move higher from this area as the short side...

You need to back-test/check as many of these as you can such that you know what to expect. By big gap up, I assume you mean a gap outside yesterday's range. Since 2015, 65 % of these type of days will at least touch the prior day high. A whopping 78 % will close green on the day. And a...

Interesting prediction. That's a big dump from here. Granted, price was lower when you posted this. Last day of the month can have some unexpected effects, but looks like today will settle mid range, IMO.

A weak September often ends weak, hence my reference. As long as the LOD holds - there should be enough juice for a counter move higher. But it's looking dim now.

Last trading day of September today, so there's that. I would guess we trade back up to mid range from here. 4340 - 45.

I never made any claims about 200 % of ATR. I do however post observations and calls in advance which frequently are right. The latest one yesterday.

Typical ET. Lots of shit talking, name calling and posturing, but little to no demonstration of actual trading skills/knowledge.

I don't mind the pressure per se, but anything that distracts my actual trading isn't worth my while. I do like sharing my views from time to time, though, and I'm not afraid to stick my neck out about where I think the market is headed. The way I trade I will typically take a few stabs at a...

I'm humbled. I usually don't post trades, though. Too distracting / time consuming and I like to stay loose and flexible even if I have a main bias. I've noticed that if I post a trade I tend to want to defend it instead of trading the market.

Fast moves this morning. They did a number on both shorts and longs... :) I'll say we take out yesterday's HOD from here. 4335 look about right for an initial target. Not too late to roll over and take out yesterday's LOD, but the bias is higher for me here.

LOL. I probably should be offended, but your snarky comments still make me chuckle. The one about cleaning toilets at RenTec was one of your better. Never once saw you post anything on trading though.

You may have missed the point. Yesterday, price reversed off so called S prior to reaching the actual target. And that's what frequently happens. Price overshoots or undershoots an actual level. If you were early yesterday, you would have gotten fleeced. If you were late, you missed the ride or...

Trading below the prior day range. Putting in the LOD at 13:30 or later. Moving back above the Open and closing at top of the range. I see less than 20 since 2015 (2182 trading days). Seems fairly rare to me... :)

I was anticipating the full gap fill at 4221.02 today which I mentioned at post # 7, but it seems like the whole world was ready to buy that trend line touch and front run that gap fill and the 200 MA. Or maybe the buy orders came to be for some other reason. We'll never know. Alternative...

Now that's an impressive recovery off the lows. Seems like the whole world was waiting to buy that trend line touch. Late shorts just got shred to pieces... :) This type of late session reversals are fairly rare.

I wouldn't hold my breath, but I imagine you're joking anyway... :) The largest day down since 1990 was the 16th of March 2020 with a low reading of - 12.18 % closing down - 11.98 %. Since the current top on SPX (4th of January 2022) we haven't had a single day exceeding 5 % down. I'm not...

Maybe. :)

Seems like the bid fell out of the market. Market's only down 0.69 % as of now, so I'll imagine we have a good chance at filling that SPX gap by the close. Will probably see some new bets being taken on as we approach that level. September did indeed turn out to be a red month. The weekly and...