DROP MOTHERf****** Im such a fool. Gave back half the days profits. Too emotional right now and calling it a day. See you all tomorrow!
Daytraded SPUU ....done for the day... Yesterday I literally had my buy button ready for UVXY and TVIX but said nope.... Anyway looking for the drop to take out Mondays low very soon!!!!
You're still up on the day so make sure you really call it a day now! Enjoy the rest of your day, see you tomorrow!
Bigger picture, if ES doesn't bounce at say 2595 and there is weakness tomorrow, well, that could be pretty disastrous. Two weak Friday's in a row would not be a good thing for this market. Even a test of the 200day MA in cash SPX puts this market in a precarious place. btw, kudos to all you guys who are trading these moves well...not easy.
It's trying to hold the 100 DMA. In the futures market it hit 200 DMA the night of the plunge, but not the cash market. Wonder if they will try to test 200 DMA on the cash market. That would be 2535 or so.