15,16,17 th lows are the resistance on es r10 projection from yesterdays high is 80-81 cash i'm shorting ES at 80-83 on cash with a ES stop at 86 with a target of ~65
VXN at lows, NQ leading ES today and about to tag the 20 dma...that all screams more upside soon. and ES wil get dragged along kicking and screaming.
Is this a swing trade holding over the weekend or you see that much movement in the next couple of hours? Thank you and good luck either way.
I just watched a short squeeze face peel and wanted to share. Someone out there in trader land put on positions totaling over 1000 contracts while Big Ben was speaking. What nerve! Them quants/demdayboyz sprung into action.
Yeah I saw that too. Which is cool because no matter how you looked at the market today it showed you to go long, Today was a day to be long. (At least the first half of the day.) Right now bulls are still in control on all the ways I look at the market.
The market never turns totally bearish until a test of the 200 daily from below is confirmed as acting as resistance. I would not get too bearish until this test occurs as we are a few standard deviations below it. Crazy A