i got some, but im not going to beat myself over it because it these kinds of things happen once in a blue moon
I'm afraid that we may be setting up for the most powerful crash I think this country has EVER seen! This is just profit taking on shorts covering on a light volume holiday trading session. If it were not a holiday and buyers were truly getting long then we would see ES up 500 points and YM up 3,000. Don't believe the hype.
Looking at the daily chart, there is about 20 more points to go before reaching the SMA, although the NDX already went through it....
Have a limit order 966.5 at 14:57 pm EST. Price touching 966.5 but the order not filled. Then the market exploded. Did't reenter. Missed the whole move. Feel so bad.
.........not to mention that we must close this GAP on the open today. It could be potentially nasty to the point that they WILL close the market. BTW where were all the circuit breakers today? It does not appear that trading was halted at all today?
Even worse, the government doesn't mind naked short sellers adding liquidity on a day like this. One thing that I find it irksome is how easily 1000 was broken. There was no resistance to speak of.
GLOBEX massacre. Government-aided bulls on the rampage. This may go to ES 1100 !! Two trading days after 835 low.