Damn those mean traders!
Line in the sand at the close today.
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Can you post one for spy or spx with that same timeframe ?
I don't like long term trendlines on ES because they get skewed from the difference to spx as they approach expiration
Damn those mean traders!
Line in the sand at the close today.
![]()
Can you post one for spy or spx with that same timeframe ?
remember the FED is always in the market, its just a matter of when they choose to sit back and let things adjust (long term rates down).. Orderflow will come in when interest rates reach desired levels in the near term.
Closed the 1736 add from yesterday here at 1748.25. I will flatten the other half at 1751.Bidding 1712.75 for a final add- OCO -or closing 2/3rd at 1749.75
Closed the 1736 add from yesterday here at 1748.25. I will flatten the other half at 1751.
ideally sell side orderflow will bring rates down enough to touch lower band or bust through, its all about financing US debt.[/QUOTE.
Friend of mine tells me 50 cents of every dollar US finances goes towards interest of current debt load. That's comforting. No wonder rates won't climb above 3%.