This is ridiculous ... get ready, I'm going to bully up the market in a minute ... should be good for 10 points ... 87's to 97's here we come
I'm thinking of just buying the offers all the way up to 2912 ... To be honest I took most of that as a three point scalp and have a couple runners. I'll add if this turns into something more than the second leg of a two leg correction before the bear market resumes.
Is it me, or is today playing out like a mirror image of yesterday? All we need is for it to go to 2895, have B1 come back about 2:45PM... state he's going long at the HOD... and its Groundhog Day.
If you were to track the ES RTH only for a while, you will find there are only a handful of patterns and everyday it is one of them. Variations exist, of course, but by and large, a very technical market. Which is why I always wonder about those who use 20 point stops on day trades, as well as those who bemoan it as being a professionals market too tough for amateurs. Then don't be a flippin' amateur, right?! If NBA pro's can rain three's, so too should we ES traders, imo Most people are too dumb and lazy or both for this business.
ES is now just a bit above the HWB yesterday's RTH high to today's RTH low ... put up or shut up time for the bulls and the bears is upon us. Above 93's, imo, 2900 +/- trades before B1 gets out at scratch.