ES and RTY CumTick has past hour or so been trending down, but not NQ although it just might be starting to roll-over?
They are trying to bust NQ out to a new HOD. Not looking short till that gets resolved, and not at all rest of the day if they succeed. But will join the longs at some point.
7 out 8 Nasdaq MegaCaps I watch were red this morning. That's flipped, only red one currently NFLX. If this holds, which is likely at this point, looks like bulls win the day. BTFD still happens occasionally.
Agreed, I replied to my post saying I was wrong, but it doesnt seem to have posted for some reason. NQ could start to drop now though.
Fear of missing out? not buying... I did close too early in the morning for YM at 33926, merely 120 points from last Friday, now it is up 300 points. Oh well.
I've been bouncing around today. Started short Euro Futures, eMini, Gold then a pair of eMini longs. All green but all small size and quick trigger scalps. Not a great day to get a feel for things. Tomorrow likely more of the same. I'll be packing it in early hitting the road to see family for Holiday extended weekend - like at least 3/4 of the trading "nation".
You better watch out, better not cry... and more importantly ya better watch your ass because it will get reamed...