S&P daily pivots and break-down & up Targets

Good morning JB, I have a question. If the ES hits your lower target and goes just a bit lower, will it usually hold. Is that then considered some support?gA

Also what were those times (I think 9:36 am, etc.) when institutions make concerted moves?
 
Quote from paysense:

Good morning JB, I have a question. If the ES hits your lower target and goes just a bit lower, will it usually hold. Is that then considered some support?gA

Also what were those times (I think 9:36 am, etc.) when institutions make concerted moves?
9:36-9:50-10:00

Always watch the time zones

This was a classic washout, almost to classic however
we could now be in for a trading range going forward

I am sure that is ok with all of you traders....lol
I will do a video on washouts over the weekend
with examples for prior ones

But If I was to turn off the news, not read the paper, or listen to
anyone tell how bad things are and just look at the chart I would say we have a bottom in place within 5% from here
 
wow what a day/week I can't watch the last hour, I'm completely back to cash after earning 10 points for the day, wow.
joe your levels were great, I watched them all night (futures), and it was interesting to note that 1269 area and how it held there.
I am done for a month or so.
My stomach lining is thinner, although my accts are fatter.
Happy Weekend, and I hope those G7 guys don't destroy the planet earth.
 
Quote from alohanurse:

wow what a day/week I can't watch the last hour, I'm completely back to cash after earning 10 points for the day, wow.
joe your levels were great, I watched them all night (futures), and it was interesting to note that 1269 area and how it held there.
I am done for a month or so.
My stomach lining is thinner, although my accts are fatter.
Happy Weekend, and I hope those G7 guys don't destroy the planet earth.

Yes, I agree this is hard to watch I feel like they are killing
a part of what I do and enjoy so much

I hope this washout holds, Just was to expected
however I do feel we are within 5% of the low
 
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