Current LOD is - 20,36 % down from the ATH on ES futures.
Very odd that we bounced off 20 % down again. That number must not mean anything...
The pro boys and the floor builder team better be stepping up their game here and in the days to come. If not - we're officially entering a bear market.
I'd say we need to close substantially below 2715 first. My best guess is that we will do just that. At the same time - it is possible that this is it. Never a bad thing to be prepared for multiple scenarios.
Very odd that we bounced off 20 % down again. That number must not mean anything...
The pro boys and the floor builder team better be stepping up their game here and in the days to come. If not - we're officially entering a bear market.
I'd say we need to close substantially below 2715 first. My best guess is that we will do just that. At the same time - it is possible that this is it. Never a bad thing to be prepared for multiple scenarios.