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Markets are pretty exhausting and fatigue now after these two days of pumping and dumping. Interesting to see what comes after, tomorrow and next week.

You sure look like after a great effort you have a very good understanding of the ES market dynamics, and you have developed an effective system and a solid risk management skill. One thing I particularly like your postings is you are honest and modest about your trades. Not like some others...

Are you thinking of ditching your day job to trade full time? It looks like you are pretty consistently making good profits every week or so. Or you are still not too sure about it and want to build up more capitals?

This 110 pts up is a huge V recovery! In general, the market is still on uptrend if you gauge it in a monthly chart.

There are so many PUT options built up, this is the classic play the MM to screw these options and profit towards the end of the month when these options are expired. MM makes money this way.

Plenty of household cash , where to go? stock market or real estate?

In fact the SP500 SPY is all time high right now if adding all the dividends to the current price. The previous high was two years ago. It doesn't matter ES reaches 480 or any other levels as future index is always adjusted.

SP500 ETF SPY is all time high now if you add all the dividends to the current price. The previous high was 2 year ago.

it is now traded 4775 at the moment, only 25 pts away from 4800. Would the European markets push it to 4800 overnight?

It is 4755 this afternoon, more than 50 pts gain today. Another day of 50pts would push it over 4800 as B1S2 predicted on Nov 9, and there are two more weeks to go.

Markets display three phases: moving, fighting or waiting. At the moment it is in waiting, then after the Fed meeting, there would be either moving or fighting. When market is in waiting it is better just to sit tight and watching.

Up momentum still looks strong and intact but there could be some fluctuations

I wonder if this looks like the Cup and Handle pattern?

The recent rally is pretty strong, and it could force the shorts to cover fast if it gets trading around 4750.

ES only needs to gain about 140 pts to reach 4800 after rollover next week. It is 4660 at the moment for the March and there are 3 weeks to go. It looks like B1S2 could get it right again early on.

Wow, that is more than 90 points swing up from the bottom this morning.

My account was down about $3000-4000 in the morning, but now it is in green for more than $3000; luckily, I did not do anything but sitting idle (longer term stocks).

Market is always intriguing and surprising; that is what makes it so fascinating.

Now it is very clear that you are the one to get the direction right. It is up about 55 handles since your post. Probably you looked at the bigger picture.

I got to remind myself ET most of time is for entertainment only, don't ever get too serious about things posted here, so relax and get a cup of tea and spend time watching some fun Neflix instead.