Hello??? where are all the awesome reports of NQ trades....@Xela ?? I know you got a chunk of it... @Overnight @speedo It's like a High-five to post success, since we can't really do that in real life... let's celebrate! I have no others to do so with. Pretty much nobody in my life would ever understand what a day like today means
%% Could be; but since its closer to SEPT sell off, I don't have a real strong trend opinion unless closing price is below 50 dma, then it would be bearish.
More like ...a Year-in-a day days...if you bet aggressively with options, (...but of course ...on the flip side of that coin to consider can be just as disastrous,)
Doubt it. $SPX made a 26 trading (or 36 calendar) day new low. Of course a bounce will happen at some point. Good chance Monday but not very likely a full retrace of today. And who knows what tomorrow brings in the meantime. But look at Dow components, in particular IBM, GE, GS, MRK, PFE, NKE, DIS, CVX, and XOM in strong downtrends some for days and some for weeks. Then also today techies AAPL (-1.88%), CSCO (4.21%) and INTC (1.87%) getting crushed. Some might turn around, most probably wont any time soon.
I look at the full 23-hour sessions... Today 137 point range, last Thursday 143 points. No trades for me today, kept looking for a long sign. So missed the short forest for all the little long trees, lol!
I was long tech today, flipped short as my levels were taken out last couple hours. Overall lost small today. If this has follow through tomorrow I'm already short. Buy the dip may still be in effect...
I'm happy with the bump in volatility. Takes percentage-sized down moves to move the needle even from dry-up levels. Let's see if vix (and the likes) can reach, OMG, norms. 'Tis the season of sell-offs.