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.
A big rally by Monday close?
- Thread starter hajimow
- Start date
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.
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Good inverse trends in SPY+ related\ see how FRI close is .
About due for an uptrend/ until then \ sun bears + polar BEARS HAVE TO EAT
QQQ + related still UP /for week, but a bit weak this week LOL
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We've since reversed and gone back up. I think there's a higher chance we go straight up and close in the green.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.
I would like to see 5150 for the close. That will definitely trap all the shorts by surprise.
Watch this turn into an Outside Day. 5060.
OK, place your bets (you may already have)
(I'm inclined to think today we stay flat-ish, but my charts say short term we go down a bit until tomorrow or Friday we get some market-moving numbers/news - Meta earnings today, Google and IBM tomorrow, also GDP, PCE, etc.)
How about we move the discussion back to the ES journal?
OK, place your bets (you may already have)
(I'm inclined to think today we stay flat-ish, but my charts say short term we go down a bit until tomorrow or Friday we get some market-moving numbers/news - Meta earnings today, Google and IBM tomorrow, also GDP, PCE, etc.)
How about we move the discussion back to the ES journal?
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 his comment.
Most likely a random close below 5115 would be my guess. Still thinking this can reverse back to the lows by Friday's Close, but I don't have a strong opinion on that by now...
AAA entry
Did you have a target in mind?
Initial target was the gap fill, but I knew (oh no), that today had a good probability for rolling over, so I wanted to hold for 5060, but decided to trail it out in case I was wrong (which I was).
I'll accept the compliment, because selling into this market is one of the hardest trades for me to take, but I've done a few of those lately, so I'm improving.
A-Week still in play. Let’s see what tomorrow brings.