That names seems familiar. Was Polenta a member on here at some point? I recall that nick, but cannot recall from where.
You must be on your trike! My call was posted at 3:29PM Eastern on Wednesday! Trading 92.00 on ESM9! 6633 on NQ! You're improving, Polenta! You're only off by 22 points. Here's the cover at 9:46PM Eastern, six hours later. NQs were at 6633 at 3:29 and were trading 6565 on the long futures trade post into my index short. If you look reallllly closely you'll see ES 62s trade the morning of the 10th.
If that's your opinion you have not been paying attention lately in the prior ES journal and/or you're an asshole also.
Clever observation. The pullback also ended at the same time and we had the HOD within 5 minutes of Thursday also. Not only that, but the LOD clocked in at the exact same time. So, Friday was basically Thursday except the range was smaller...
And so it continues... Friday marked a new low in volatility with a 19,75 point range (roughly 34 % of the 20 day average). Also, we traded lower than Thursday. I still think a down leg from here on the daily is the most likely possibillity, but the turn can often take longer time than one might except.
I believe this rising wedgewill resolve with some increased volatility next week. Let’s see what congress can muster up as a catalyst over the weekend.
Stopped out Friday for 14 pt loss. Bought 2580 put expiring close on Monday for 4 pts in case we get catalyst over the weekend. I see 2600 holding as strong resistance