They basically Ripped this thing 120 Handles in just 15 min of RTH... Some damn powerful teenagers, I tell ya!!!
ES Journal - 2019/2020
- Thread starter Buy1Sell2
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Wasn't like that back in my daddy's day or my granddaddy's day. They din't have no stinkin' globex.
Damn Chinese!
I thought he was flipping a market coin..you know, one side designated long/the other, short..no?
If these daily sessions continue to grind out with Globex Vol juiced ... I may switch gears & burn the midnight oil...
Thinking the same thing. As HL Hunt said.."you have to go where the oil is."
BINGO. --And the cash gap today may constitute the second half of an island gap reversal up. We'll see----- Staying long on the analysis----.
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If you run the fib retrace and targets or even just plain TA last night weas a wonder to behold ...
I took this snap before moving the fibs to the next extension which has a lower anchor at the low of the highest bull flag and an upper anchor at the Globex high - that sell of at the RTH open landed on the 50% HWB and rocketed to the first PT and on its way to the second.
Bots are in control today. Don't fight 'em ... they'll let yo know when they are done.
Most likely today will be a slow grind higher, but being up a lot already - it's hard to say were we end by the Close.
We've had a few + 9 % days lately, so do not fight the trend or short this on the basis of 'overbought' only.
It's quite likely we will challenge 2630 today. That's + 6 %.
Finally, there's an open gap at 2692,50. That's 8,59 %.
Long bias for now.
We've had a few + 9 % days lately, so do not fight the trend or short this on the basis of 'overbought' only.
It's quite likely we will challenge 2630 today. That's + 6 %.
Finally, there's an open gap at 2692,50. That's 8,59 %.
Long bias for now.
Since we held well above the bottom after the recent selloff and now near recent highs again all think the worst is over and the lows are in. There wrong but as i said the panic trading is over and the moves down will be much slower. Its going to require holding longer and possibly overnight to get a good part of the moves down.
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