Good morning JB, I have a question. If the ES hits your lower target and goes just a bit lower, will it usually hold. Is that then considered some support?gA Also what were those times (I think 9:36 am, etc.) when institutions make concerted moves?
9:36-9:50-10:00 Always watch the time zones This was a classic washout, almost to classic however we could now be in for a trading range going forward I am sure that is ok with all of you traders....lol I will do a video on washouts over the weekend with examples for prior ones But If I was to turn off the news, not read the paper, or listen to anyone tell how bad things are and just look at the chart I would say we have a bottom in place within 5% from here
wow what a day/week I can't watch the last hour, I'm completely back to cash after earning 10 points for the day, wow. joe your levels were great, I watched them all night (futures), and it was interesting to note that 1269 area and how it held there. I am done for a month or so. My stomach lining is thinner, although my accts are fatter. Happy Weekend, and I hope those G7 guys don't destroy the planet earth.
Yes, I agree this is hard to watch I feel like they are killing a part of what I do and enjoy so much I hope this washout holds, Just was to expected however I do feel we are within 5% of the low