NQ coming into a range high here. Surely not going to fail another time? Let's see a BO and fill the gap from the 4th - dragging ES with. If we get some MOMO here on a new HOD I can easily see 65 for today on ES. Not sure I'm going to be that greedy, though. ~ 59 would be the safe target. But going that high I'm not sure we're going to stop there.
Check. I think I'm going to be greedy today, though. May be pushing it, but I see 75 by the Close if we can push above 60 and get continuation.
very nice move. Back nicely in the green now on my longs My faith in the dip buyers was justified! lol Just gonna wait until we either dump or hit the 4250-4300 area which is what i'm playing for
The market can't be predicted. Good day for my piker account today. I think we hit 75 and possibly more, but not going to risk it. Close enough.
moving stop to breakeven target 4250 Might take a few more attempts to get the entry right. We'll see
The up cycles have played out nicely since March 10 time frame. Also, hedge funds were overly short going into CPI. Doh!
I always thoroughly enjoy people trying to squawk about HF positioning and how "smart money" tends to flow in and out from them. They are literally some of the best fades you can take - no different than consensus retail positioning.