I'm thinking more and more this coming week might decide if this bear market rally has more room to the upside. Based on prior Fed/NFP dates and subsequent trading days thereafter seem to indicate no.
No blow-top pattern emerged yet. I'm expecting it to happen soon though, which will propel ES up to 4350-4400 zone. I'm pretty sure we'll be dropping like a brick after that. I'll even join ya and all the shorts then. BTW come back to ES Journal. We need a dissenting voice.
Man, did you have to choose that movie? I thought that was the silliest movie ever (no narrative to speak of other than a pointless revenge) and I often wondered whether Brandon Lee had to die for such a dumb movie.
This bull is a very old weak sick bull. It used to be able to go from point A to B in just a few seconds / minutes. Now it takes many hours/days
Cult classic. Sorry next time I'll try to find one for you off the Hallmark or Lifetime Channels. Hehe
If you want only touch then I would prefer a spread of touches: ₄250, ₄350, ₄450, ₄550. Easier to just bet that it will be > ₄250
Dude, what are you talking about? A touch benefits you. I was stating that you only have to touch 4250, not close the week above 4250.