China had a different opinion overnight, the trade war is on! Futures are down 40 points... Fundamentals beat technicals every time.
ES Journal - 2017/2018
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China had a different opinion overnight, the trade war is on! Futures are down 40 points... Fundamentals beat technicals every time.
2530 next pivot.
In my opinion the technicals were and are more bearish than the fundamentals. But as usual, big news fundamentals are lagging and price action leads. Just look at a 4h chart and tell me it didn’t look bearish before the drop today.
I am still holding shorts from 2780, remember it is the sitting that eventually earns you the big bucks.
We rallied into the close and went sideways until 8 pm, with a little drop until 1 am. That is usually continuation to me.
The NDX weekly had a hammer, usually signaling a bottom. But it is all moot now... Down 50 points.
Nice call
That was the most expensive Buy Stop I`ve ever put on... As was that freaky 3pm Rip Job ! lol
Anticipate a challenge of the Double Sticks @ 2525 today... I expect a bit of a battle for the line in the sand... once we crack it.. 2400-2450 zone should be tagged relatively quickly.
Anticipate a challenge of the Double Sticks @ 2525 today... I expect a bit of a battle for the line in the sand... once we crack it.. 2400-2450 zone should be tagged relatively quickly.
Correctamundo... NN
Hey ST....I'm gonna show my lack of technical knowledge here.... Double Sticks?
You've been using it a bunch lately. Thanks.
It`s the double bottom in the first half of Feb on Daily Chart.. just a name I give them & not a real Tech term, fyi... Best of Luck
Remaining long here @ 2573.25. We've had a bit of pullback overnight. I like overnight pullback and may take an intraday long today as well as the swing long I have on now.
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