She's struggling to get above 5080, but I think she'll eventually get over it. So V you shall have.
Forever Bull Market
- Thread starter v-shape-0DTE
- Start date
Too much technical damage. Lower before higher would be my guess.
ES 5K incoming, but probably not today.
ES 5K incoming, but probably not today.
That might be so for tomorrow. But for today, there's good chance we go higher. Watch out if she goes above 5080.
Could be. A V would be a surprise today, though. This zone (75-80) looks like a good shorting opportunity to me for another leg lower into the Close. But I agree that if we pop above, it likely goes green for the day.
Stairs down - elevator up?
Well, so much for that 15 minute entertainment.
Volatile market, so this can happen. Technically, ES reversed off yesterday's Close and NQ actually reversed of mid-range fairly precisely.
The tough part in a down market is to hold conviction after these sharp rallies.
In my view, the market's in correction mode, so I'm assuming sell the rallies for now.
Such an optimist.
I think we print 5K tomorrow. It's also options expiration tomorrow, so wide price swings should not be a surprise. At least early in the session.