Like i said in 31yrs I've never ever seen anyone make money over time flipping like that . Think about it your competing against computers over that time frame minus $500 plus a day of commish .
I see. What you don't realize is that it first went down to 2609 before retracing back up to 2616. You must know how I feel having left money on the table yourself.
Didnt keep an eye on the stats for a week, but 82k cases in the US with roughly half in NYC. Wow! Probably need to wait till next week to see if this is contained.
ES is overbought down to about 2480 ish. Generally in these setups we retrace down there fairly quickly. New buyers really need to come in soon to keep this continuation long going. I think decent probability we trade down to 2480ish overnight / tomorrow. Of course nothing is 100%, I am just not too excited about being long up here. Have to imagine a lot of the shorts are out of the setup now. So, need pure buyers to hold price up now. I'll be really impressed if we hold and move much higher tomorrow without easing off some of this overbought.
The genie has been out of the bottle for awhile now. Confirmed cases of any virus will rapidly increase once you actually begin to test for it in those who show the worst symptoms, and then ramp up testing in a population that has already achieved saturation weeks ago.