Not unlikely and I would certainly hope so - as volatility right now just ain't optimal for day trading. Then again - it's summer. July is a new month.
The last 5 trading days of June have all closed green and barely dipped below unchanged in RTH. So, scaling into a long here @ 76.50. Wrong below 65.
Seems like the bots got the memo. Can we clear 4390 today? Will stop out below 77. Even if we should reverse from here - I will buy on a new dip. Preferrably, we grind up to 4290 and go all the way to 4300. All bets are off after a 4300 print, though. Way overextended here, IMO.
This market seems tired...not much guts left to the upside now. Expecting a close above 82 and hopeful of a pop above 90, but who knows at this rate...
There's a typo above. It should say 4290. S&P printed 4300 today. Time to start 'worrying' for a move lower of some size now. Let's see...
This is why I love ES. Look how well it respected 4300. Kinda figured it would overshoot due to the strength of the bull.
180 points without a significant retrace. Interestingly - today have a very bullish bias too. That is - we should close in the green, i.e., above 85. I'm a bit cautious here to the long side, though. Probably not the time to press a long, although we may have a good 20-30 points to go still.