On a lighter note... I wonder who invented these "beds in a bag" that everyone is getting. These things are amazing. Amazon ships them to you in a box, you open the thing, and there's a vacuum packed bed all rolled up inside. And it weighs like 70 pounds. It even has steel coil springs inside it! So you cut the plastic with the supplied letter opener type razor... and stand the f back. Boom.... this thing turns into a real mattress. Fascinating.
We had one come the other day... not sure the brand, but of course I didn't read the instructions. When I said these things go "boom"... I'm not kidding. This thing almost knocked me over as it came to life. It was all there in black and white had I read the instructions.
SPX/ES downside target hit already overnight. It needs to happen in RTH, though. I know this kind of tape, i.e., let's pick a bottom here as the market surely has to rally here and then it just keeps going lower. Gotta love this 'fake' down move.
The low’s likely 50pts below open (790) ? We were close but IDK Cool stuff to normalize days by their opening price.
Once you figure out 'sweet spots' that buy & sell's algos pushing price up & down, you'll be amazed by how cool it's. For over a decade, I've only been able to figure out four 'sweet spots' thru my trading system. The drawdown is extremely low while PA keeps pushing each bar up or down in one direction relentlessly, especially NQ.
ES down 0.73 % overnight. The world is ending. I'm expecting that nudge below 5800 in RTH one way or the other. Let's see if the T-day crew shows up below there.