This reminds me of the joke about the guy in the middle of a flood praying to God to save him
https://truthbook.com/stories/funny-stories/popular-stories/the-drowning-man/
(And God said: here's the ignore button
)
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
This reminds me of the joke about the guy in the middle of a flood praying to God to save him
https://truthbook.com/stories/funny-stories/popular-stories/the-drowning-man/
(And God said: here's the ignore button
)I was watching qqq.
It took off. It's up big in the ah's too. $438
So the bounce begins but under low volume conditions.
Long @63 3x.
Long @63 3x.
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blasts heard in central Iran. Reason for the bounce, and support of USD.
I might be a thick-skinned MOFO, but I ain't so brazen as you.
At any rate, here's to "the greatest trader of all time" who posts his trade 90 minutes later (LMAO):
So, ES closed down 2.92 % today with the prior close also being down. And going as low as 4.28 % on the day.
The last time we saw something 'similar' was in 2022. Before that we need to go back to the corona plunge in 2020. If these statistics mean anything, tomorrow favors a green close, but could easily see a slight dip below today's low first in RTH tomorrow and we should test today's close.
I'm cautious against using statistics in this type of environment (unhinged), so not putting too much stock in it, but the weekly prediction I posted yesterday suggested we would see a dip first on Monday to put in the week low.
We also hit that 10 % down level on SPX.
Maybe it's enough for a temporary (?) low.
The last time we saw something 'similar' was in 2022. Before that we need to go back to the corona plunge in 2020. If these statistics mean anything, tomorrow favors a green close, but could easily see a slight dip below today's low first in RTH tomorrow and we should test today's close.
I'm cautious against using statistics in this type of environment (unhinged), so not putting too much stock in it, but the weekly prediction I posted yesterday suggested we would see a dip first on Monday to put in the week low.
We also hit that 10 % down level on SPX.
Maybe it's enough for a temporary (?) low.
(And God said: here's the ignore button
I ignore anyone who posts something that I feel could get in my head or put me out of sorts with my trading.
That's true, but we're still quite a way from Friday's close. Anyway, how are you gonna fill those 4 gaps above? At the same time, notice that all the previous upside gaps are filled as of today.
A short overnight for a test of the lows looks like a sexy trade to me. Too wild of an environment to be posting trades, but that's what I'll be looking for tonight. Wouldn't mind if it pushes a bit higher first making it even more juicy.
I think any big relief rally will have to wait until tomorrow's RTH Open. If at all.
I think any big relief rally will have to wait until tomorrow's RTH Open. If at all.
Reminds me of a quote from a pro. "Don't step in front of a freight train".