https://www.discoverwildlife.com/animal-facts/insects-invertebrates/why-are-moths-attracted-to-light That's a good question. Weird.
The likelihood of Trump win/loss will be manifested in the markets by an inversely proportional move in the indexes. He wins, we go down. He loses, we go up. And the markets will reflect that, reacting in kind to what is actually going on - prior to the election. And that is 1000% going against the grain. But I'm right.
No. Please stop with the politics. It has nothing to do with this. The market has rallied a lot under both and it actually likes democrats more. My concern is the Monthly and Quarterly charts. I am seeing a potential shooting star on the monthly chart. There's still 8 sessions to go. So that has to change or else this market likely goes lower. QTR chart also showing the possibility that 503 was a potential top. Also the momentum is changing. The selloff of Wednesday was something that I have never seen during this everyday 0DTE environment. To get that gap down with more selling and then 2 red days after where every rally was faded? That's not supposed to happen. So it's made me a little concerned. Again how does this react after we get that free 10-12 pump. Does it just V again like it always or does it fade. This week will be fascinating.
"The general explanation is that the moths use a bright, distant light – the moon, say – as a navigation beacon, always flying transversely to it. However, artificial lights are closer than the moon, so the moths gradually spiral in to their doom." Kinda like the way some people around here think.
*spits beverage all over your screen..* What the fuck did I just read? Mr. all-go-no-look-back long monster is now doing both TA and FA on market direction? Who are you and what did you do with the REAL v-0DTE?
Dude.... what you see on your charts... means nothing. It works until it doesn't. Don't be the dumb slow fat kid that gets laughed at, standing without a chair when the music stops. And right now, you think the needle only skips occasionally.... it doesn't work that way kid. I told you how this will play out. You can take it or leave it. The herd mindset regarding politics... means everything near term. Don't be stupid. Your "tech only goes up".... is down how many percent in the last week or so? You're far from being a guru kid. Way far.
I think the market is gonna' like it. And I like the rotation follow-thru. Heading back in long on the MYM as we speak. It's a buyable-dip IMHO.
Overnight.... you do whatever you need to do. Because you know what, and this is about the 5th time I have written this, and all politics aside, but Trump is not going to win. So in that regard, you and Mr V-shape are both right. Everything changed today when Biden dropped out. Team Trump is already popping the corks on Jan 2025 champagne... and as it stands right now... they are dead ass wrong. Now before you so much as utter one more word... let it go. Let the mp do its thing.
I was talking about trading, and how the politics might play into my trade. YOU are going on about politics ONLY. That's YOUR bag. I'm in 1 long at 40999 Dec contract.