Just for the hell of it.... My first day trade in a long while... see if they can jam it North into the close....
i have been trading zt lately, not much opportunities i see in equities futures unless some news, it is bot like.
4505-10 is a good spot to start looking to start looking long again... 50% retrace from most recent active lo.... 15 & 30M, My go to windows, looking bully down here to potentially challenge the Hi`s again.... Cashing in my chips at 4607 was nothing more than a gut feel that we were getting heavy & a bit toppy.... longer term PA was & still looking Bully......
The banks are broke, Fed is running scared. 7 year bond auction was a disaster last week, 1.8 trillion next issue will be hard to find buyers. Even my 2-3 ticks profit target trades are at risk of a big drawdown, not a good range. I suspect we will go back to 4150 SVB level. For now, 4350 is the traget, grinding down.
just don't know where the buttom is, better sit out and wait for the bottoming... 4100 i can 50% in for long.