Overnight massacre

Discussion in 'Trading' started by Pekelo, Feb 5, 2018.

  1. Pekelo


    ES futures are down 80 points... although now looks like bouncing....

    If we keep this up, by the morning we will erase 2017's gains.

    Edit: More than 100 ES points down...
    Last edited: Feb 5, 2018
    CALLumbus likes this.
  2. were at 200 day MA

  3. First test of it in a long time
  4. SteveM


    ES down 63 handles right now....bloodbath indeed
  5. My TLT position looks golden, took some off after hrs at 121.23, still have a hefty position .. usually 3 days on average for a spike down.
  6. This is turning into a margin calling, account busting event.

    The Perma Bull god is officially dead, he has forsaken his flock.
    KeLo and athlonmank8 like this.
  7. SteveM


    Trump sold the top-tick a couple Fridays ago and hasn't said a peep about the stock market on Twitter since.
    cole_ likes this.
  8. Forsaking and testing look very similar in the heat of the moment.

    That said, as one of this site's most bullish posters, I'm actually bearish for the first time in my tenure here.
  9. gkishot


    Time for a rebound.
  10. Buy1Sell2


    The bounce, if it occurs, from 2550 area could be massive and breathtaking in speed.
    #10     Feb 5, 2018