-60 points on 508K ES contracts

Quote from rc5781:

When's the last time this has happened? Who DOESN'T think we will be higher from here tomorrow?

I asked this on another thread; but the problem is that if everyone thinks we will go up from tommorrow's drop or "bottom", we probably won't.
 
I'd be VERY surprised if we closed higher tomorrow. I will trade whatever the market is doing regardless, but the spooz down 60pts in a holiday closed session tells me we got a lot more downside to come.
 
Quote from rc5781:

Actually, I just meant higher from here...ie buy when globex reopens and sell after 20-25 or so points up...

I'm long from 1265, got in just before close of todays shortened session.

I've got a tight stop, hoping for a quick 8-10 points on re-open.
 
Quote from Cocaine:

I'd be VERY surprised if we closed higher tomorrow. I will trade whatever the market is doing regardless, but the spooz down 60pts in a holiday closed session tells me we got a lot more downside to come.

I have no idea if we will close higher
But I am looking at the potential openeing gap and wondering if it will fill during the day
 
Quote from lachie74:

I'm long from 1265, got in just before close of todays shortened session.

I've got a tight stop, hoping for a quick 8-10 points on re-open.

Having a stop won't help if we gap lower.
 
Quote from lachie74:

I'm long from 1265, got in just before close of todays shortened session.

I've got a tight stop, hoping for a quick 8-10 points on re-open.

When does Globex re-open?
 
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