Anyone shorting tonight? I took one just above 6090. We should see some blood in the street tomorrow.
ES has been dead (not moving) for many hours. The big boys are taking a nap. Perhaps the big boys are waiting for the coming CPI data release.
V for now, but then Powell speaks at 10 AM. If his remarks have already been released, then the rally continues? And if his remarks are still under wraps, potential for collapse? I wish these Fed "bankers" would keep their traps shut. It's bad enough they ruin a whole day of trading just about once a month.
Fwiw I was -and still am - short. Mostly SOUN, so yesterday was oke. But more from a 1-2 week view. Lost on 0dte puts yesterday So lets go down (maybe) My always wrong gutfeel expects before friday close to go beneath weekly low, and we should max go to 6090-6100 ES (this week). Then week after that more lower. That’s why the 1-2 week outlook