This depends on the timeframe of your chart, no? I'd argue that we are clearly on a downtrend on the 5, 10, and 15 min charts. The longer-term...
Stopped out. Will watch for a new entry, whether short or long. :)
2881-2882 is a 50% retrace. It's going to think hard about going lower if it gets there. [ATTACH]
Short 2897.75. Target 2881, which is a 50% Fibonacci retracement level. [ATTACH]
That was pretty damn funny, though. :D
Did any of you guys just get stuck in that black swan? Check what just happened at 9:16 EST. That was nuts!! Maybe "black swan" isn't the right...
Why too late? Aren't your trades like mine, all under 5 minutes?
VIX up 36.29%. Whoa. [ATTACH]
What makes you also see a 2008 parallel?
And Jeff Bezos sells 960,000 shares for $1,800,000,000.00 on Friday? Come on, guys, how did he know this was coming?
Feels exactly like 2008 to me. Let's hope it's not another 2008. At least I'll hope it's not.
I'm all out of targets. Any guesses where this thing ends up for the day? I'm short again from 2838.50.
Added and subtracted contracts as it fell, but basically rode this down from 2867 to 2840.
Down, down, down.
Late post, my apologies. Shorted up at 2869.75, added to it, and now short average position at 2867. Target 2840.
Out 2874.25.
Stop now breakeven + 1 at 2882.75. Target 2840.
Short from 2883. Will bring stop to breakeven + 1 soon. Stop 2887.
Catch a falling "knife" and put it in your pocket. Save it for a raining day. [MEDIA]
Not so sure about that. I think the masses, those who dabble with trading their own stocks, do affect markets when they panic. When they turn on...
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