What time frame are you bullish on, B1S2? I can't find anything out there I have conviction in. All the buying right now is tiny, in my IRA, and is just going through the boring retirement-account fiscal-responsibility motions. What's the point you roll over and get short?
By my reading, ES daily has been clearly down ever since the big drop on October 10th. The monthly held up for another few weeks but December did major technical damage any way you look at it - December was the follow-through selling. I don't see any technical justification for a swing long position, except maybe as a very short-term countertrend play for a move back into the 2600s - which ought to be shorted if/when it develops. Intraday of course can go either way.
Why do you continue to fight the major trend? You realize we are in a bear market so why not go with it??? You’re pissing away profits daily.
Lol...love your optimism mbondy. You realize APPL warning will be followed by more warnings from other companies. Look at ISM today. Heck look at the bond mkt. Many called me crazy when I loaded up on the 10 yr after it hit 3.25 yield. I’m curious what you consider a correction vs bear mkt? Or are you one of those that thinks they are all corrections?