I play it as well, but I feel like a cat that's used 7 of his 9 lives. It's basically hammered out of the gate many days, puts in a bottom into the 10:45-11:00 am time slot, rallies for a bit then hits a brick wall and dies into the close. Just feels to me that it's hammered much of the time in a spread style trade where they are either buying nq or es and shorting russell.
The Futures Trading Floor
- Thread starter Utah
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I play it as well, but I feel like a cat that's used 7 of his 9 lives. It's basically hammered out of the gate many days, puts in a bottom into the 10:45-11:00 am time slot, rallies for a bit then hits a brick wall and dies into the close. Just feels to me that it's hammered much of the time in a spread style trade where they are either buying nq or es and shorting russell.
Some people have finally caught on to the 1987 analog. It's been more or less in play since the late December lows. That would run it upwards of 3200-3300.
lmao
look..there are 2 sides you only show the downside. you should draw the topside of the long term megaphone and then when that top line is broken the mkt will run 10% higher just like it often does intraday. global mkts have recovered and are recovering. just buy. i love seeing posts like yours it shows fear which means mkts going higher
better and still highly unlikely.now since mkt has been going up..you also need to put a line breaking out above the top wedge line. u think ur cute with your new chart but its still incorrect. u need to break out and above the top wedge and thr mkt is bullish. the fed is the wind in your sail. fly the spinnaker and enjoy thr ride higher.
but it is possible long term to have it sell all the way down to your point just not nearly that fast. people will still buy at lower prices..lots of cash out there. but in all fairness it could hit your bottom wedge and even break lower but it wont drop that fast..i think it brraks above your top wedge as gold moves to 2000 an ounce over the next year. the dollar dripping will only help our stock mkt. gkobal slowdown isnt truthful