So far today follows the low range, low volume pattern of the last couple days. Now that the first hour is out of the way the sellers have left the building, probably going to consolidate above the opening range.
You need to be careful about your insults. You know nothing about my trading or educational background or my understanding of world events and its impact on the financial markets. I was simply stating what the financial news was reporting. If you want a forum that consist of nothing but narcissists, just keep insulting like the others and everybody else will leave. Several good traders I know have done so already because of the frustration over the a**holes who are more interested in being immature jerks instead of sharing ideas and learning from each other to become better traders.
Logikos, you'll have to get used to the immaturity of ET - its only getting worse, and yes, many have left - and more will because of it.
excellent chart. I think the selloff might start today for 2-3 days. there are too many puts bought, so the drop may not be that big (Put/call ratios too high right now, too many people bearish). Hopefully a day or two should be enough of a scare and a boon for bears! http://lauristonletter.blogspot.com/
If you dont like the forum you always have the option of leaving or creating your own Nothing new here retest resistance points bulls vs bears bears vs bulls..blah...
If you actually was interested, I could have shown my 15 minute Nasdaq cycles that pinpointed this sell off within 1/2 hour range. But of course it is just stupid ****, I forgot.