Mkt Trying to Make a Bottom Since About 10:30 Last Night....

Any rally will be will be short lived. Scalp like a camanche indian and move on. Buying and holding here is extremely dangerous.

 

Head and Shoulders one toke over the line. Ukraine is in deep trouble.

 

We broke a pretty major support. I think probability wise we are headed down a bit further.

 

Could well be... but market has defended 4100 for now.

 

That's because it is going to go back and retest the 4200 support, but I dont see anything to inspire markets to break back above. Consumer confidence, inflation, war, supply chain, gas, food prices.

 

agree 100%

 

A bunch of you are complete drama queens these days.

 

Probably time for you to look up what scalping actually is in the markets. It's not what most think it is.

 

I don't completely agree or disagree fully. I mean late January was an example. Got a buy signal on Daily chart ES/NQ and ES actually made it up to Daily resistance after closing above a minimal benchmark level.

Here we have no buy signal or NQ/ES yet and ES is still like 185 points from even touching it's minimal level to show any serious buying interest interest (4378).

So in short January pop had potential and probability and produced decently. There is no buy signal here... so it's likely just a short cover rally.

 

Still coming at me despite me trying to be cordial. FYI nice deleting your comment about me being a perma bear after I posted two quotes that showed you we're 100% wrong.