I barely traded myself out from an early drawdown, ended 24 points green with 86 contracts, not the way I want to trade.
Same view for me as last 2 days, just keeping it simple. If you pull up ES/NQ Daily, very simple straight forward standard for continuation on any chart is trading above your lowest EMA. Mine still at ES 4466 and NQ 14615... so again until we candle close above or at least start trading above, I am just not overly bullish here at all.... bulls need to show something. There will most likely be plenty of upside once we establish ourselves above that benchmark, so I feel no need to be early.
continue to sell the lifts… Lifts are gifts for the heavies! Bullys we’re given a gift gap yesterday and chose to defecate all over themselves… I laid the sell limits out last nite on globex session @ 70 & above to 86 & was rewarded with a handful and a half! The Heavies control the current…..
We have 25-30 handle move pending on break of this zone, either way, Trailer at 56.50 from 76.50 cost basis from globex sell... net +20