Probably not worth mentioning, but I'm of the short persuasion for today and into tomorrows close. $SPX 5649
out ym here for +326! probably lots left in it, but can't resist that on a daily move holding es and nq long into tomorrow as have to leave for a bit and not sure i'm back online today
Amazing leg up on the YM. It's in its own little world. I did well on the ES but it didn't make it easy. Yesterday I did ok on the NQ, but again, it didn't make it easy. Maybe I didn't make it easy yesterday. YM seems to trend better when it is trending and range better when it is ranging than the two I have been focusing on. I think I will take @Laissez Faire's advice and your lead and at least do a study of this YM.
^ @Nighthawk Yep this is the new normal. We will never get back to the time where we saw consistent swings/ directional moves. This type of market action is here to stay. You do realize even when it is red, it's just 1 or 2 hourly red bars and it's aways forced to V. You will never get back to the days where this can bleed all day. At any moment there will always be massive pumps.
Swing. I believe today (or tomorrow) will be an inflection point. Then we go down. Unless we close above yesterday's high.