I ain't no Trump fanboy, but everything is already baked in the price. The damn chart's already priced this circus in. Them bears got way too greedy, dumping the market like it’s Black Monday. Hoping some sanity will finally show up at the door soon.
Now the buy signal from 1:22PM has been good for over 90 points and we are at a resistance level. Need to to break through there. As always, Prudent Risk Management is the key to successful trading.
We've poked our head above that resistance but we'll need to establish a floor there if we want legs.
These days are very good for making 300 points... if you can stomach 150 drawdowns... I should have gone on holiday
What about 130 point meltups like the one that occurred after the buy signal on the 1 min chart at 1:22 PM?