I'll be (and have been) playing opposite you. RTY, NQ, and rolling out of my ES contracts into those two. I've been watching the market rotation out of ES and into discretionary, tech, transports, oil, banks. S&P 600 doesn't look like a bear market to me, potential for a 10% move on breaking out, being pushed by a rising dollar. I see a bullish forest. Maybe a move down to 2645ish on today's weak ass volume. Who knows though? I've been wrong before, and I'll be wrong again.
Ferrari shouldn't be making ath's in a bear market. If there was ever a canary in the coal mine stock, this has to be it. Meanwhile, safety (CLX, PG, CPB, etc) is cratering.
I believe my last 5 calls on this forum were 100% win rate, just saying. Also, all had stops and targets.
If there is a high correlation between the two you could short NQ and go long ES. Still make $ as long as they converge.
Can we post CL trades here? Nice short at 71.25, 30 tick stop, 187 tick target, back to the mid $69 handle, imho. I'm targeting 69.38 EDIT: Nothing special about 71.25, imo - that's where I shorted it when it became apparent that the bounce I was looking to short was not materializing.
L0ng 6.75 PS 02.50 dumped half at one point and PS 07.00 seeing topping formation Rev 07.75 short PS 09.50 Dumped half at one point PS 07.50 All day long just grind it out, ave 55-65 trades of same crap, Love automation to do this boring crap. Rev here 05.50 PS 01.25 Dumped half of one point. lock in a tick PS, looking for much more on runners. Am leaving, have charting to work on. Hope all do well today, am out'ta here.