Interesting that we've had the selloff given that we had a such a strong buy signal at closing Thurs. I look for higher pricings-----much higher.
That level was reached so I did some buying at 9,100. On the ES my target buy at 3,180 is still working
Started off well, but should not have traded this far back down with the main scenario as anticipated above. This has not happened very many times in the recent past, so it's a tough one. Will sure be interesting to see what happens if we trade below 3229,50 (current RTH LOD). Levels I've noted below: 3222,50 ( -3,40 % down) 3210,25 (-3,80 % down) 3172,75 (- 5,0 % down)
New LOD on ES, but higher highs/lows on the TICK on this push down and NQ still above its LOD. So, not a clear signal for me that we'll flush lower yet. Very controlled down move so far...