Crash Monday? SVB contagion, VIX spike

Only the close matters.

It's what you do with it. Considering the thread was calling for Armageddon I think a 2% rally within three hours of the open of pre-mkt constitutes face-ripping. Trades lower at the open and then prints two percent, again. Mostly I was long and wanted to make you all sht-yourselves.

Yeah, I tell you something. What I think is a face-ripping rally is what happened Janurary 31 to Feb 2. That 3-day run from 4017 to 4179. Wow.

What truly rips MY face off are these intraday ranges now. How the hell can one properly gauge stops and targets in this bloodbath of intraday range chaos? You have to set your targets and stops so wide to maintain a 1:1 RR that you'll either boom or bust on every damned day. Some days a 10 point T/S works intraday, but other days it has to be 50 points intraday?? I was never good at adapting to that. Uggggg!
 
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