<i>"Timing is everything my fine furry friend"</i> Even when there's absolutely no risk? Are you sure you're posting under the right thread title?
<i>"Not to worry!!!!!! They're kicking back and watching this huge counter rally unfold!!!!!"</i> Yep, only +45 more ES points upward to go, and yesterday's move is erased.
Once the first hour ended, volatility dried & died. Huge swings from yesterday cleared a lot of stops, washed out more than a few traders. Takes time to digest such events. Back to normal tomorrow... whatever that might be
Is it just me or is this bounce weak weak weak...more down side action to come Thursday and especially Friday. Props to austinp and buylo for sticking to their guns.
I'd be careful being biased either way after such a slice-trough event. Cash is king, at least for somebody who trades over the EOD like myself, not for my beloved scalpers of course Enjoy the VIX spike while it lasts