My 5-minute chart says long above 64-65, tight stops, modest targets. My past experience says wait for Powell, enter on the first move and add aggressively (in the green). They're gonna grill him on the tariffs, let's see if he punts or goes for a straight answer.
Wise words. I see no reason for overconfidence either way, but barring any new information I think I can get that 85-90 target. Hell, if I get 85 I may just book the day.
I bailed as I have to run. Technically, it's still a long in my book. Maybe we're stuck until CPI tomorrow.
ES Globex struggling to make the red to green flip stick. Yesterday's high at 6096 would be a nice target. If that breaks then there may be a front run rally ahead of that CPI number LF mentioned is coming tomorrow. NQ basically identical.
Jets fan here but ES looks like Jalen Hurts ready to launch one to Devonta Smith. 6400 to 6500 on the next breakout imo [/COLOR]
It will not matter. Remember Trump's first term? 2017 was a smooth ride North. I suspect 2025 will be the same. Yes, we will have some bumps along the way, but 2025 will end net positive. Mark it, dude.