Call me short at 3048 and target 3015
The next 5 minutes will be a tell of sorts. Three drives higher right now gives 50/50 ... a reversal here and odds of going all the way back to the Globex low increases, but a strong breakout above 71.75 and I'd be looking for a gap fill back to yesterday's RTH close.
Of course, the low at this point was 13 and I was filled at 13.50.
You let this trade go against you 34 points, and even mentioned what a break above 71 would mean, and it clearly broke above that and went all the way to 82. I'm not sure how you expect the people here to believe that you held for this long, especially given that you mentioned the other day that you had a 22 point stop on a trade and considered it large.
It was all a bear flag ...
ES 30 minuteMight be temporary but bulls may be able to celebrate on the weekend with some corona beer.
Welp I'm on B1's side this time, I reckon the doom & gloomers are in for a surprise, market always does what is least expected, in for a bounce Friday my call.
Might be temporary but bulls may be able to celebrate on the weekend with some corona beer.
I am leaning down Friday, but need to see PA. Overnight looks up and whipsaw till open.Monday up huge, Tuesday down huge.
Wednesday up huge, Thursday down huge.
So logically Friday will be up huge. Wheee!