Gotta love ZERO RISK in the SP500 = $$$

Long 2645.75 Avg
Stop 2637

 

That's a solid entry. First rally high from the other night at 44.75. Looks like a range up to 67 area.

 

Reduced 2657.50

Stop moved to 2645

 

13 years later and can still read it like a book

 

I've got 80-85

 

Too bad...I think it was the right trade.

 

The one defining characteristic of successful traders is their refusal to quit in the face of adversity

 

i see an ascending triangle brewing


boom

out at 67. now im going to bed. really.

 

Horrible action in these indexes lately. Sure there are big moves but not without heaps of bullshit surrounding them, and I find it hard to trust any "confirmed" action with the kind of liquidity we have in the book these days.

Short term chart, SPX/ES looks like a bear flag, but after years of beat downs to any kind of bear trade I find it hard to actually trust what it looks like.

 

If it doesn't recover by tomorrow, we might crash and hit 200SMA.