Ugh, some after-hours action. Anyway, I emptied the book almost completely today. Still have some long-dated TLT puts that I need to sell but otherwise I can finally I can get a night of sleep.
I think we rally from here. It's too risky to chase it as I am 100% in single name D1. I just got a buy signal on HSI, but it's a 6-10 hour window. I am inclined to think this is a long here.
I found some evidence that circuit breakers are magnetic to the breach-side and repellent on the exit side, so I think you almost always want to sell when you get close enough to them.I have a buy signal too, I'm just leery of taking ES longs this close to limit down.
got out of this @ 2408 for a small gain (23pts). went up to 2459 thrice got rejected then started getting weaker and i didnt want to give anymore up, also could have waited and gained 10 points with a better entry.long here at 2385 for the overnight session, would have liked lower but i dont wanna miss the party.
might scale in more if we get around 2340.
edit: there has been an apparent pattern at the end of each day if anyone else has noticed as to what direction futures are headed.
switch to june buddy.
lowered limit to 7242 & went to bed. Ended up +468 so not too bad all said & doneswitch to june buddy.
yikes i would never let something run in this market well i went to sleep, if i got a futures position on im staying up till its closed.lowered limit to 7242 & went to bed. Ended up +468 so not too bad all said & done
Even if we get an impulse through NKD 16,200 tonight... I expect a close above that level tomorrow. IOW, mkts are a tenuous buy. NKD 16,200 is the pivot to a rally or a crash.