Was this the gift you were hoping for or did we exceed that? Regardless, it seems like 2950 was hit before 3090.
This is starting to look a lot like Q4 2018. There is an open gap at 2895 on ES. 2889,67 on SPX. I'm eyeing that as a target on this leg down. This could happen as soon as tomorrow at this rate.
I was expecting something like Q4 2018 but not until closer to the end of Q3 ... Trump got his rate cut so I think he thought that would inoculate the market from a post-tweet decline in his latest Trade War volley. You can't fix stupid, though. He bankrupted enough businesses ... he got bored and thought he'dgive a go at bankrupting the country for his coup de grace. Anyhow, yes, I do like this close near the low though I would have preferred a close dead on the low $SPX. Might need one more day with a lower low and close on low, or lower low with a close in the upper half of the range - both would accomplish the same thing. But it did close low enough in its recent range to spark a rally, imo.
This is how the 10% correction in NQ started at beginning with May. A tariff threat, and then implementation. That's why I dumped my YM long.
indeed, some doing so with egg of face. Was I the only one that said his call wasn't wrong but did not go far enogh?