NQ is up over 0,65 % at the moment and barely dipped below mid-range on that break. Without participation from NQ, I don't think ES will sell further either.
Market got stuck below mid-range after that sell. Green close above 30, probably, but remains to be seen if there's enough juice to pop back up towards 40. Not much to lean on here from my view, except that the short side is probably limited intraday.
No daytrading but on opening went long infa (+3.22%) and short mbly (-3.15%), so not complaining. Holding for somewhat longer so can easily turn around ofcourse
Good thing I got out. It looks like those pussy bears also bailed out. Never rely on bears for support.
Could be time to short, but right now, there is no obvious reason to be short. I tend to like trades where it is obvious to be either long or short.