%% They don't really get in gear, just because SDOW or DAL downtrends, that happens all the time.LOL BUY every dip is fake news + fake news saying its virus related, both are fake news. Good day to buy most dips today on QQQ + related, if one knows how to profit on QQQ. SPY did close down below 50dma; but good SPY buy dip buying today, above FED watched 200dma + open price............................................................................................LOOKS like better risk on QQQ+ SPY today @ close than SQQQ.
They are. Watch them blossom to the upside tomorrow. Just be patient....how many countless times have we seen the markets sell off only to make new highs. Yep 10 straight years going on 11!!!!! The fed will be soon to help....they always help when markets are down because we cant have a continuing sell off or the risk of a bear market. Those dont exist in the new world. Only bull market are allowed.
%% NOT a prediction; looks like the QQQ buyers are front runnin' the FED, LOL. SPY did close below some 50DMAs; most likely a bear trap LOL DAL may not trap the bears until 52 week low or 52 year LOWS LOL,
Yer out of your head. The markets just dropped over 3% today from close to close. What the hell is a 1.5% rally gonna' do? Mean that the markets dropped only 1.5% in two days? Bright green my ass.
Hey they are bright green considering the drop we had today, if anything a drop of this magnitude and you think a continued sell off into Tuesday but nope. Unless markets open up strong and turnover by midday which is another possibility. Would be interesting to see the s$p break 3000!!! Just saying. Lots of predictions for s$p at 3500 this year!!
If we sum up yesterday's micro moves - yesterday offered 600 ES points. That's a lot of points! In fact, only 2 % of days since 2013 matches or exceeds that. Yet, you say that one of the most volatile days for the last 7 years is lame and tame. You would be better of explaining in precise words and with facts what it is you mean - instead of responding in a derogatory way saying it's clear I don't understand. The quote above is for the entire day - but if I were to look at the morning session only - I'd find similar results, I'm sure.
Tiddlywinks, I’m very interested and would appreciate if you provided a little more information on your volume/volatility measurements as well.
Would love to see a test of the 9050 area in NQ to start the day. That would paint a pretty clear picture of direction for the day.