Man, this is the most evil open I've seen in a while. Gap up nearly a percent to all time highs and then an instant drop. We're now closing in on the expected support zone. Locked in 6 points here at 12. Getting ready to bail any minute. Could get interesting if this doesn't hold. I think it's very possible.
pretty evil indeed! All going different directions, too lol. I'm still long and wrong. Feel relatively safe plus have some gains from teh ym short so not in any pain yet. Would trypically cut a trade when it's going against me by that much, but feel quite bullish and the ym profits give me some breathing room Certainly not very good trading though, either way. Still not quite in the zone at the moment!
I stopped questioning about this stuff a long time ago as long as it works for me. At the same time, I try to keep everything simple. My system generates sell signals and these signals are aligned with what BPs doing, I know I'm in the money. Otherwise, I stop trading. As for last night rallying up during AHs, I was expecting my system generating sell signals, but none showed up. So I went to bed.
Ugh. Stopped out for 6 points at 12. I was fairly certain we'd see at least 5800. Close enough, maybe. Looking to reverse long here, but waiting to see if we get a pullback and a higher low.
I don't see BPs participating so far during RTHs.... I still expect this up leg from last night is a fake one as I mentioned yesterday.