Tricky! I stopped out of my short just now at 10.50. This can go all the way up to 4113 / 4115 and still sell off. I'm probably going to scratch this off as a losing day and call it a day here. Lacking conviction either way for now...
I don't see any obvious conviction to the downside here. Staying long for the foreseeable future in this fresh bull market.
It's not too late... Let's see if we at least can close above yesterday's low at 4115. Otherwise it was a poor prediction as we dipped much lower below yesterday's LOD than I had anticipated based on that data.
NQ leading lower once again. Now that was a false breakout if I ever saw one. Snapped right back up. Let's see if we can make it to 4130/40 today on ES. Last years Holy Thursday was a sell, but on average it's a bullish day over the last 10 years.
Didn't expecially like the entry the second I took it lol. Kinda jumped in/fomo'd - But i'm feeling fairly bullish overall and might build a bigger position potentially. We'll see