Boom! Hit on half all the way down to 91.50 on the Overnight Globex session.... Rip it.... spread it... print it .... forget it! As my Pisan`s on my trading desk used to say while trading equities....
Very rarely do you get a double TL kiss like that that alligned with Fib confluence for a triple confirm... maybe once or twice a year at best. It`s one thing to recognize it... balls to act on it.... big balls & conviction to act on it with size... real size. its trades like these that make your year.... Life is in the big trade... the rest is just waiting!
Here we are----this is the rubber meeting the road. I would not be surprised to see pullback to 3160 area prior to initial move to 3240.----either way, I stay long.
Best trading in many many yrs . You need balls of steel . I've been full time trading for 31 yrs and this last few days were up there with my best 2 days . You need a very large account and patience . The mkt's finally loosened up and day trading should be very good. Hopefully we get a few days up here to reload the short side
Intraday H&S. Wouldn't be surprised to see us trade down to close the gap at 3127.75 if 3160 does not hold.
Could always find support at 3142 or at the current LOD at 38,75 - but the market is heavy now with very negative tick readings. No strength on NQ either.
Pulled back a bit more than I anticipated as we are at 3129. Staying long as I look for support to enter and a massive rip to ensue.