FYI the almighty reports on Tuesday so no weakness today. Short Shrinks must be popping up all over the place.. I know I need one.
Forget the academic nonsense. Wars were never won by historians. At any rate, I say this is a crapshoot (with the emphasis on "crap") to the n-th degree. When they say "buy the dip" you would think there's a sizable dip to begin with. Nowadays, the damn thing falls only a point and all the nutcase scream "Buy, it's a steal!"
my point was all these levels, s/r, pivots whatever have meaning only insofar as people agree and/or trade on them, this may be common knowledge to the "genius" traders here, but eudemon makes a good point.
I chose a bad time to stop posting my live trades, lol. This market has been fantastic!! I've been having more decent sized winners too. Getting better at running these longs. Hoping for an even better week next week! I love you MR. ES!!!
Headlines need to read.. "S&P has DOUBLED from the low" before any selling will be seen... 666 x 2 anyone?
Hi Candles, Well done! (i have 1290.50 as today's estimated high so, minus a bit for error of calc would give about 1290 for a covering price at about 14:15CT - hope it helps! (errors and omissions excepted, hah, hah) Well done to you to Jesse James (aka "the kid", aka IC!) The two of you are printing money Lol have a nice weekend!