This is called volatility. The redemption is using it (the volatility) to your advantage!! Volatility works in both directions. Sloppiness is double-sided volatility. Cheetos© dust makes a trader look like a slob!!
Adding another batch to existing short at 83.25 That brings the average cost up to 82.75. Now can we go down please?
I'm with ya. Just think that level might be a stopping point, for a short while. As I posted on another topic eMini traded down below IB yesterday only to close back in by EOD. Today it also traded down below IB but didn't rally and close back in. Bearish sign among many.