anybody else expecting MES (Micro E-Mini) to go downwards tomorrow?

Discussion in 'Index Futures' started by Genevian Speculator, Apr 6, 2020.

Anybody else having indicators scream for a short?

Poll closed Apr 8, 2020.
  1. I'm a bull tomorrow

    42.9%
  2. I'm undecided

    28.6%
  3. I'm a bear tomorrow

    28.6%
  1. I just checked the pivots and we just hit the monthly PP (floor pivots) right now, as volatility decreases.
    Also, given that tomorrow the new jobless numbers come out (look at the candle of the last one Thursday last week), it looks like setting up for a perfect storm.
    Anybody else having indicators scream for a short?
     
  2. Overnight

    Overnight

    Which jobless numbers are you referring to for Tuesday? We have them every couple days now?
     
  3. schizo

    schizo

    We've already had the jobs number published last Friday. I don't think there's much weight to tomorrow's number. But then again, anything goes these days with Corona.
     
    Genevian Speculator likes this.
  4. SteveM

    SteveM

    Selling the close on any big up day and holding for 24 hours has been a great trade since late February....like 100% winning trades....at some point that trade is going to get railroaded with another big up day behind it.
     
  5. wmwmw

    wmwmw

    Go long and hold it.
     
  6. Geneva has lost its cache. #pivots
     
  7. I worked with pivots in forex and did well, why should that disqualify me?
     
  8. Overnight

    Overnight

    I suspect that number will not be as bad as we might imagine, because the data will be for February and we didn't have as bad of an impact as all the shut-down orders and layoffs that came in March.
     
    Genevian Speculator likes this.
  9. hm... do agree on that.
     
    #10     Apr 6, 2020