I still have a three handle stop loss. The one thing that will cause me to defend myself is if NQ decides it wants to go higher. In this case I will go long NQ instead of exiting ES. Then as NQ weakens again, I will let go of NQ long being fully exposed short with ES. This is difficult to do unless you have the strictest discipline.
QM is down almost $4 (6%) and SIFs _still_ holding the ghost. Gawd only knows what is holding it up. I should be up ten handles on my trade Mr. Magoo I tell you...
Dollar's gone ballistic. It's bumping resistance @79.72, but after that there's no strong line until 80.7 - 81.15. Things might get interesting indeed if that 79.72 line is overcome.
Ja, interesting oil and the dollar are in lockstep, but no one has the desire (will ?) to sell gold. Strange...
It could very well be right for _you_ or anyone else that doesn't believe in "FV" to do exactly that given the evidence. I will not trade against "FV".