Surf Report

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Is this it surf? I have been making a killing this morning. 12 trades. Trading both Es and NQ. Is this the beginning of the big one? Is this the start of what you been predicting? Maybe you should quit drinking cheap beer on the beach and drink some high dollar wine! I have my doubts it is a 1000 pt plunge but it doesn't matter. If it is I'll be in it. If it isn't the so long awaited plunge I'll be in the rally back up.

I don't know, but the 1000 is guaranteed to happen. Would like to think this is the start. Been waiting a long time,
 
Hold on to your billfold boys. Lock in your profit. Watch those ranges. 70% to 80% of the time B.O. south or north get sucked right back up into the range and price reverses. This is a daily chart of ES today. YM and NQ and ES generally pretty close to each other. We see the B.O. south. Now we need to see a rally PB stay south of the range then a continuation south and surfy may be well on his way to eating caviar.


ranges.JPG
 
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