When I wrote the above, I had searched multiple years to find a finish similar to the last several months of 2021. I wanted to see a year end that was constantly making new highs right thru the end of December, and then how it transitioned into January. Like our end to 2021. Pull up a daily chart of QQQ for the timeframe Oct 1, 2015 to Jan 30, 2016 Look familiar up till today? That's the one I based this call on.
closed es put with small profit., long 1 june contract the drop was more than expected, gave back some gains and ready to load up slowly
I'm going to stay short for now. The key area I will be looking at for longer term legs is 4530. We need to break that to continue and break out of this topping range.
103 points on es and done. i just trade price actions, no judgement on marco but i think for the interest of self preservation, as long as we still have covid spreading, the market is for the dip buyers.