the bottom is in!! #NeverForget the great crash of 1/24/2018 when S&P was down by as much as (0.5%)!!
those ES weekly puts!!
like this Friday ~2835 If the market reverses her could be big winner
WEEKLY ES PUTS might be interesting here.. HUGE GAMMA
some traders are doing 100 trades a day.. just take the net pnl from brokers statement and plug it into turbo tax.. IRS doesn't care
more averaging up.. stocks go up and they just add more.. they just keep building the position
takes a lot of balls to step into a long position YM/ES/NQ at this level.. if anyone is blindly buying "here" (beyond a day trade) might as well...
Im looking for a STRONG move also.. its like a coiled spring ready to explode higher..
DOW up 22% in last five months 14 week RSI at +93 (LOL levels)
Congrats buddy! Keep loses small with big winners and you'll be an ELITE TRADER!
if this market is really going to explode higher towards 3500.. I think it needs increased volatility..(1 step back 2 steps forward --on repeat)...
down day in the cards.. short 2833
in 1987 S&P 500 rallied 40% Jan - Jun.. that's the goal post right now.. check out the ES 4000 CALLS :0
one thing I've learned working with emerging markets is that inflation can come on FAST.. doesn't matter what the market "expects" or what's...
RSI of +93 on DOW weekly is impressive.. but realistically.. the way it's calculated.. the index can just consolidate around a level for some time...
we've reached a new paradigm of global growth in a low interest rate and low volatility environment.. the future is now.. 20%+ sustained annual...
This rally is God's gift to mankind!
I was a bear but threw in the towel.. this is the real deal
IMPRESSIVE
Is anyone surprised market is up here
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