I don't have to, nor do I intend to tell you anything more than I already did, especially considering that you seem to have an attitude.
Perhaps not.
Anyhow, I'm fairly confident that we will NOT trade above Friday's high on Monday.
ES Journal - 2015
- Thread starter Buy1Sell2
- Start date
I don't have to, nor do I intend to tell you anything more than I already did, especially considering that you seem to have an attitude.
Perhaps not.
Anyhow, I'm fairly confident that we will NOT trade above Friday's high on Monday.
Psychologically, investors/traders who sat out the August plunge will clearly be on edge by now.
Now, c'mon, you were very critical when I shorted this market at the top. I don't think it's fair for you to now be so defensive when someone thinks you're crazy.
Now, c'mon, you were very critical when I shorted this market at the top. I don't think it's fair for you to now be so defensive when someone thinks you're crazy.
Haha. I was merely curious as to what was your rationale, since it seemed to be based on intuition (and if so, you're intuition was right).
I don't attempt to predict the long-term as I've already said. Just the next day. So what I'm now saying is merely that the last time we had a Friday similar to this, the market took a huge dive come Monday.
Other Mondays following similar Fridays did however not, but all of them were contained by Friday's HOD. So that's the only thing I'm going to bet on. Will be fun to see what actually happens on Monday.
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I think downside will be limited, will be met by more buying.
Out 17101 +31
Out 17119 +14
Out 17127 +16