Here is the daily momentum finally turning up. If we're melting up, we are in the initial move -- which, if this is the case, I think Buy1Sell2 will have a nice Christmas.
Personally staying out of this closing session.... Could see a melt up just as much as I can see a melt down. Good luck to all trading this close. Should be interesting.
Wow there you go. Holy shit. I got a piece of that long and was at first kicking myself for not holding till close.
It's been like this for a while, but have to be even more aware than ever of them using supply against day traders. Like yesterday NQ just pulling the bid for 5 hours straight forcing out intra-day longs on NQ. Today was opposite just constant bid, trapping shorts and forcing them out, than rug pull once they are cleared. Basically just reminding myself to wait for a signal instead of front running, which I have a bad habit of doing.
Of course the most ridiculous market to trade right now is crude oil. SaudiAramco, OPEC+, and the Russians just control the market for the most part. The fundies really indicate crude should be below 30. And what about a Biden victory ? No more "dirty" energy....LOL. We'll all be driving around in electric and hydrogen cars.....can you imagine an accident ? It'll take-out multiple blocks.