LOL Yeah, I've kinda figured stock traders are the pussiest of the bunch but, geez, PPT to the rescue when we're only down 100 points from the ATH.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Getting close to trend line? It’s been holding so far. Then short squeeze?
That was yesterday
But we haven't seen much of these lately, have we? Those shorts got squeezed pretty good. You don't often see these moves in a bull market.«It’s a bull market.»
It is until it isn’t! Nothing telling me it isn’t (yet).
It’s got PPT written all over it. Prices will not go down until that decision has been made lol.
It wasn't, it was down in politics and he alluded to it in some thread down there and I (very delicately) asked. It was something about govt services.Not in private message, I hope?
.
Clearly probability is NQ takes out its ATH high today since no scheduled news, ES has been leading NQ and went above its ATH and has been holding well. Of course nothing is 100% so follow your own personal risk management plan, but this is the most likely scenario and what I am currently trading and looking for.
Let me guess, this was so obvious and you guys want to help each other so much that no one posted a high probability scenario. I bet that really makes sense to you guys right?