Sorry, must have had wax in my ears, you were saying...where is ES right now? Range of 120 pts in 2 minutes, is this a record so far?
That's a big spike. Not the first one this quarter. I assume everyone knows to not hold a day trade into news releases by now. Right?
You posted a Dow chart? I assume since you cropped out symbol and I don't follow secondary market indexes very much.
Maybe you ought to pay closer attention in the future. The Dow index has been leading the Xmas rally, or whatever else you wanna call it, and now others are breaking out of their bearish channels. To investors this is dope!
If you feel being confident about your trades and your perceived market moves have at it. I've found for me to be successful it is better to "question everything". And always, always use stops.
Definition A Santa Claus rally is a jump in stock prices, observed in the final five trading days of the year, typically starting a day after Christmas and going into the first few trading days of the New Year. Historically, this seven-day period has brought good news for investors, giving them another reason to cheer during the holiday season.