It's true but I didn't make that comment until market was closed and when we opened we candle closed above 3777, so wasn't really that crazy. Overnight action was mainly up to be fair. So I don't see any issue with TA in this regard personally. Yes I did trade overnight and took this long tis morning. Not that anyone here cares, just saying I can't / don't post regular updates. I will do voice with people trading, where you can actually communicate, not hiding behind text though.
Got thru that bearish seasonality day yesterday -- today thru next week is about as strong as you can get seasonally. Looking like ES / NQ playing a little catch up to RTY. ES pushing up against the 50-day.
on daily 50 is ema 3832, on weekly is 3916, we almost printed 3900, fairly bullish until fed meeting.
Nice strong trend up day. Here's to hoping you guys caught one of the dips if you weren't in during the overnight.
Overall breadth (not cap-weighted) has been telling a different story than some of the big caps this week.
That was my forecast earlier this week. However, even if a forecast eventually turns right, there's a shit ton which can happen between A and B in this market, so trading it isn't necessarily as straight forward or easy as those pullbacks or short term reversals can be as deep as the ocean. For me it was a losing week and month. I got sloppy and cocky. Not much margin of error trading with leverage.