In fairness, it did tag that 2020 area cash, but it was a perfect harvest and trap since it took out the morning lows in ES and then shot like a rocket back to the highs...I'm better off not watching this stuff and just having the limit orders in...
LOL, massive fuckjob again on the ES, just happy not to be trading it today, this is the reason i avoid it 90% of the time.
I knew when I missed that big payday on 8/24 that this would follow...Basically 2 months chopping around in the range created in 3 TD's...modern markets.
I screwed up on the vix, sitting on my hands thinking we were going to get a drop and waiting to put on some vix positions....so much for that lol. Still hoping we get another spike in vol
The markets essentially did a "front run" of the expected Sept/Oct weakness with that sly late August collapse...Here we are in the historically most volatile month and volatility was crushed...I think 2007 did something similar, but haven't looked at the chart in a few weeks.
See that market save mid day....they saved it just in time for a close on the highs... Vix keeps dropping...I'm not going to forget that at any given time the vix could spike straight to 30 in a few days....feeling a little complacent again...
Futures for Sunday night will most likely be very volatile due to some big economic news out of China, if they show strong economic numbers expect Triple digit open for dow ....I took a small position in XIV to hedge against some my short positions....
Hey price Change. Yes i m in Central Java, Indonesia. Wife and kids here. Singapore is 2-3 hours away. Do you miss the days you worked there? and do you still visit nowadays? Clean place and such good food. I stay in China town when i m in Singapore. Just woke up for a look at how the market did. Looks weak! BTW, this is one of the best trading forums i've seen (if not the best), great place to hang around.