How many times this week have we seen sharp 1 minutes candles lower only to immediately get the V treatment. There's not a red candle that has a chance of holding.
Today has to be up there for most boring day of the year. Never was a chance of any drop holding. Instant V every time. They so can't bring this market down.
End of month and end of quarter means either sideways or up, anything but down. Economy going gangbusters. 4th of July holiday week next week. USA! USA! USA!
Lucked out. Filled for 24.50 points while getting wasted with my buddies. A new trading plan is taking shape.
Please do keep us updated on your boozing I tried a long playing the news, but got stopped out for a small loss. I will look to (probably) get long again after the RTH begin if we dip to 5535-ish. Edit: or, if it dips more, then between 5515-20. Targetting 5550's resistance
I've not yet participated today. I was interested in buying around the 5533.50 area where ES closed yesterday. The news pending had me keep to pure sim mode. Feel like waiting for the RTH to open at this point.
Laissez Faire, Flash Crash and others, what do you see as possible targets to the upside for today? Unless we break 5550 with force, I fear we may end up with another meh-lateral day like yesterday, with people on the sidelines before tomorrow's PCE.