ES Has Topped

atrp2biz · Oct 19, 2017

Tonight was just the budget which allows for reconciliation. Tax cuts still have a long road ahead.

beerntrading · Oct 19, 2017

atrp2biz said:
Tonight was just the budget which allows for reconciliation. Tax cuts still have a long road ahead.

Ah, yup...good call, mistype.

But still, it's through the senate!

JackRab · Oct 19, 2017

beerntrading said:
Ah, budget made it through the senate. 2585 tomorrow?

Hmm, maybe I shouldn't short it then.... let's see what Europe does.... the world is looking green at the moment....

JackRab · Oct 19, 2017

atrp2biz said:
Tonight was just the budget which allows for reconciliation. Tax cuts still have a long road ahead.

F&^ckin politics... so what is it? Senate approved the budget blueprint... so not even the actual budget yet? And no tax-reform yet?.... this chat is messing me up... and it's Friday afternoon already... I need a beer.

Buy1Sell2 · Oct 23, 2017

Back from Rio. ES has topped again for a while. Short here at 2565.75. Initial stop 2597.00

bone · Oct 25, 2017

Buy1Sell2 said:
Back from Rio. ES has topped again for a while. Short here at 2565.75. Initial stop 2597.00

Well maybe those bikinis will initiate a serious sell off with some meaningful WEEKLY follow-through! (lower lows and lower highs in order to attract noteworthy commercial order flows)

I wish you good fortune.

Buy1Sell2 · Nov 1, 2017

Continuing short here.

beerntrading · Nov 1, 2017

Buy1Sell2 said:
Continuing short here.

This still from your 10/23 call? I'm actually in rare agreement with an ES bear. (That should probably scare you more than comfort...lol)

Buy1Sell2 · Nov 1, 2017

beerntrading said:
This still from your 10/23 call? I'm actually in rare agreement with an ES bear. (That should probably scare you more than comfort...lol)

Yes

bone · Nov 1, 2017

The central issue here is how brief the down moves last. Look at the lows versus the settlement on 10/19 and 10/25 - those down moves are getting snapped up with great enthusiasm.