nice job MDT.....72/73 is also the 50% from the 1410.50 swing hi & critical imo & could dictate closing prices.... correction........1510.50 swing hi
bull has legs....some major covering.. it seems decision has been made..68 shouldn't get retested..if the bear is going to go kamikaze.
remember market wants a interest rate cut....best way to get it is to telegraph it with carnage. sell stops 50 44 38
We went over this before. Dollar amounts mean little outside of the context of risk/reward. You're taking enormous risk for extremely limited gains. Long-term, not very prudent. You'll learn.
Good trading all. I am going into the weekend short 5 ES from 54.00//Short 50 ES Dec 1225P from 22.50 average. My SPX DNT goes off at the close, 1410/1510.
You've said this a few times. Is this abstract desire really in the daily decision tree facing MMs? I would have thought they have far more immediate and material challenges? You've also said that these same players can manipulate the markets in order to generate profits. These two things seem inherantly contradictory as if I can do the latter, I'm indifferent to the former.