That 72/76 level have held like a rock over the last 20 hours. No wonder it staged at least a bounce.
I'm flat on that late short and will look like a fool if we dump, but I think we can find a bottom here. Not entering long yet, though.
We’re in a 35 handle rectangle trade range on the 15m … sitting at the lower / long end here…. Any break will yield a 35 handle move….
Takes big balls and intestinal fortitude to bid 73 there in a falling market with a 68.75 stop… anticipating Long OVB here But that`s why they are your best lo-risk fills.... just need the stones to anti up!
14456.25 is what I am looking for on NQ for my runner... going to be very difficult to hold but going to attempt it. If ES starts trading above 4490.50 for too long, will look to cover my runner.
Some more nonsense: IF we go lower this seems like a good area. IF we ever end to qqq 351 eod I would reverse for a long
flatten positions, merely 32 points on 16 contracts rt. it felt like dead cat bounce all morning, no good setups.