I know you must be responding to Vman, though I don't see his posts as long as I remain logged into ET. He is one of the members of Flash Crash's "Team Ignore."
We're in a triangle as far as I'm concerned, so technically we're not really out of the woods at this point. Now if we were to break below the horizontal line, that would be another story...definitely a sad ending for the V-man and his crews. But I wouldn't go too crazy either, considering that this might just be arm twister before Trump's inauguration.
CME Group Announces Trading Hours for U.S. National Day of Mourning to Honor Former President Jimmy Carter By CME Group 30 Dec 2024 CHICAGO, Dec. 30, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, has announced that it will honor the passing of former President Jimmy Carter by implementing an early close for agricultural, equity and interest rate markets on the National Day of Mourning on Thursday, January 9, 2025. U.S. equity markets will be open until 8:30 a.m. CT on January 9. All U.S. equity options expiring on January 9 will be moved to expire on January 8. Interest rates and agricultural markets will close at 12:15 p.m. CT on Thursday, January 9. BrokerTec U.S. Repo and Treasury products will have an early close of 2:30 p.m. CT and 1:30 p.m. CT, respectively, on January 9. CME Group cryptocurrency, energy, foreign exchange, and metals markets, as well as products traded on the EBS platform, will operate with normal trading hours. The full trading schedule for January 9 can be found here. All products trading on CME Globex will reopen at their regularly scheduled time on January 9 for a trade date of January 10.
Bears are pathetic. Sit back and watch gravity take over. We could pump all the way back to 530 by Friday even with no Thursday.