Entry is everything, that's one of the things all these "buy at any red bar" clowns fail to realize. Where were they when they should be bullish as hell at 1040, when you're getting support and all the crap was priced in. Now they wanna sing the praises of ES upside after 90+ pt run and you're at the upper bounds range.
Have to agree, we might just got our reversal day. We went through the 26-27 (cash) former resistance now support like butter. I might just going to be right about the fake outbreak yesterday...
Yes, that is sure. We can continue grind up but bigger uprun = more violent pullback. I am 100% sure we are above the line next big pullback. I do not know when it will start but it will come, and looking at situation sooner than later.
Speaking of entry... totally missed the train. I'd enter on a pullback, but I don't think any significant ones will happen.
LOL. Sheep need grass. Jump from one side of the fence to other. All that jumping slowly drains the energy (account).
But they should eat their grass with some discipline. Short at resistance until you're proven wrong and vice versa at support. If you're wrong, then you know there's more upside or more down side to go and play accordingly.