What the hell was that? Did anyone else chase that long entry? Sloppy order entry, so I got a late entry, but holding long from 33.50.
OMG, scary ride, I am out finally at 3640. Sat on 6 contracts averaging 3625, all the ways down to 3600, wet my pants...
Was there news? Can't seem to find anything yet. I had a sloppy long entry at 33.50 expecting to get stopped out with a tight stop, but this just kept running. Got greedy and missed the momentum high for an exit, so just gonna stop out around B/E if we get there.
Dropping below the mid-point and Friday's LOD now. Not the best case for the bulls on the day. I have my lines in the sand I like to watch for. They're not always clean, though. Leaning long as of now, but I may very well be wrong.
Buyers from 13:50 showed up again. The bulls would love a green candle today. That takes us above 3663. Can it happen? Sure it can. I think this 30 level is important for the next bigger move, so it should be interesting to see if we can trade above it and stay above it now.