I was playing that trendline I mentioned last night. The initial pop on the open stopped me out of my first trade.
LOL. Stopped out at 93. BE. Re-shorted 94 with larger size. And just took a panic exit at 70 10 point short of my target. Fuck was that...
That was a 20 point drop in seconds. Don't think I ever saw anything like it in RTH unscheduled. Very whippy and thin tape these days.
Ah. Believe it or not, but I managed to forget about that clown for a minute. Sorry if any Trump supporters get offended by that comment. Anyway, there's ZERO RISK in this market. Right? Right? This is not child's play. I figure I got very lucky today, although it's of course a variation of something we've seen so many times before. When volatility picks up you'll get these fairly large counter moves which makes you think the market is bottoming out, but it's just consolidation before the next rug pull. That's why I said I was far from certain we'd see 60 and took B/E exits on my shorts just in case it ripped through, but reshorted when I saw momentum fizzle out.