My bet is that we'll see a decent up day today as long as we can hold above 59 or even 53. Will be stalking a long entry here. Targeting 75 or more. Failure to hold 53 sets up a swing back down to 43 and below. IMO.
I'm not sure on direction, but I do Like your ES YHOD 3059 & NQ YHOD being key to direction today, Longs above shorts below
Then why did you reference the Fed and "punch bowl?" Everybody knows that the "punch bowl" refers to the Fed leaning on the short end of the curve to keep interest rates down. The PPP is funded by the Treasury and is administered by the Small Business Administration, and the stimulus checks are likewise funded by the Treasury and disbursed by the IRS.
Nice one! I thought you had the guts to hold forever, though. I flattened my long at 66 even though I'm pretty sure we'll see 75 or more today. Just don't want to risk holding through a deep pullback from here. It seems pretty damn bullish from here though.