some selling at last. Red day for me, but really can't complain. Think i'm down about 20 ES points today, but i've had about 3 weeks worth of like +30 point days just buying dips so not too sad about it For now assuming this is nothing. Probably just a nice dip to buy. Generational even?!! lol
I would think the generational dip to buy would have been 6 weeks ago as far as speed goes. 450 points in a month? Oy!
ES only needs to gain about 140 pts to reach 4800 after rollover next week. It is 4660 at the moment for the March and there are 3 weeks to go. It looks like B1S2 could get it right again early on.
The recent rally is pretty strong, and it could force the shorts to cover fast if it gets trading around 4750.