*spits soft-drink all over the room.* So you traded 5 full ES contracts, effectively. Dayum. Balls as big as church bells to do that with 50 MES with the spreads being what they are.
*spits soft-drink all over the room.* So you traded 5 full ES contracts, effectively. Dayum. Balls as big as church bells to do that with 50 MES with the spreads being what they are.
There it goes....buh bye!2486 stands as the test of great crucible for tonight. Everyone salute!
Short 2499.50
SL 2503
PT 2451
Up until 3/10, 3/14 or so was the clean short money aka readable patterns. Lot 1 hour chart, multiple hundred point clean breakouts. Then it became chop suey. Hasn’t been a good short market imo since. Probably bullish but again, neutral biasAs I said several times bottoms in for a while and volatility will die down . 90% of the panic is over and I think trades will take longer to make money .I still think we go lower over the coming months .
Actually, 38, 50, 61 are all possible retracements. Can't tell if it's going to retrace to either one of those levels.So here are ES levels per Dr Fibonacci, PhD ... Blue is ATH to Bear mkt low, and the green is the low to reaction high. If this pullback gets bought (which, at the moment, looks to be the case), then the second leg up should term somewhere close to 2785, up to 2930 +/- ...
View attachment 223441
Also, Bonds are rallying and I do expect that they will make a run for at their prior ATH price/low yield in the coming days and weeks.