The S&P 500 will top at 3250

I presume you shorted today during Eur session.

I guess you are using some advanced predictive strategy
as I can't find any indication price is going down.

 

this is a pure gambling trade, for fun so to speak.

 

I've seen enough of Volente's trades to know that IF this market were to roll over, he'd be leveraging up long about 50-80 points lower just as the thing starts cascading down towards his targets. The added kicker of those short calls (outrights, spreads, no idea) is like a double kick to the n*ts.

 

Stop trailed to 3336.5

Objective 2 is now 3313.25

 

My ES range for rest of this session is 3331 to 3313

 

Stop trailed to 3330


Open gap magnets all the way down to 3253.75

 

Over done at these levels now.

 

https://www.bloomberg.com/, France just reported first case of virus in the EU.

 

The one defining characteristic of successful traders is their refusal to quit in the face of adversity

 

Prior to market opening on Friday you called a short.
The signals I was getting was for a 'definite' bounce upward for Friday.
You were right and the bounce never happened, so actually it's me licking my wounds.