3:00 and 3:30 is generally a rough time to be short and often not a bad time to look for a long setup, rings less true these days given markets aren't perma bullish now. but yeah like others said, wasn't really anything particular special about the size of the move.
Purely just a technical bounce off yearly lows. No news or anything. The bigger question is if we saw the bottom or if it's just another bear rally
$TNX weekly bar (of course there is still tomorrow) appears to indicate more pullback in 10 yr yield. So there is that.
Wow..your member name should be changed to Condescending. I'm well aware every move doesn't need an explanation,could be news could be a technical level could be whatever, the reason is not important. Stopped subscribing to news years ago when I used to pay for Dow Jones news withh Real Tick.
Well we won't know if it isn't one of those again until tomm or next week. Probably not the bottom yet but a temporary bounce isn't out of the picture. The S&P just dangling on those June lows.
Make sure you know how to describe the date and time properly 1. there are many time zones 2. there are 3.30am and 3.30pm 3. need to specify the year month date the whole universe doesn't spin around you
This is getting funny. I will give you I should have stated Eastern Standard Time S&P generally refers to the S&P cash index which is what I was referring to. AM or PM not relevant for the SPX index. I posted this today, I would assume people are looking today the year being 2022. Month and date answer in line above.
I don't like making bold predictions but I think there is a high possibility the ES/DIA will see some green tomm.
Yeah, but what day and year? How do we know you weren’t talking about December in 1947? The whole Julian calendar doesn’t revolve around you! Just kidding. Don’t you love this place?