Here's a barometer. If we "mirror" what you see in the chart below, we should end the day at 3950. Tall order? Let's find out.
Copied from this link: https://www.elitetrader.com/et/posts/5742776/
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Copied from this link: https://www.elitetrader.com/et/posts/5742776/
Here's a barometer. If we "mirror" what you see in the chart below, we should end the day at 3950. Tall order? Let's find out.
Copied from this link: https://www.elitetrader.com/et/posts/5742776/
Makes total sense to me. I agreed with the idea of the markets going up today all along. The move hasnt been as strong as I expected though so far so could still drop.
Let`s see if the 50% holds at 48 ish... still not sold on this NFP spike!
70 -75 TL Kiss held true to form.... providing a generous 30 handle fade with resting sell limits set there!
70 -75 TL Kiss held true to form.... providing a generous 30 handle fade with resting sell limits set there!
sold at 68, it might go back to 90ish. but sure will come back down.
speaking of devil, close at 50, in less than 5 minutes
There`s your 48 long for you perma bullys ......
This ain't looking good at all.
Ooooofa.... like a hot knife thru butter!