Correct. If you went short at 2:34 EST., you just watched your ES arse get handed to you to the tune of 27 handles in 25 minutes! :eek:
spank, spank, spank I hope all you die hards - didn't die hard. A lesson to those that follow services would be. "They don't work because YOU don't own them". You have to OWN your analysis in order to have confidence in it and in order to know when your Right and when your Wrong. This was a classic trap, and anyone worth their salt as a trader could have seen right through it. Flood the market with bad news on Friday, then pull in the Fed and the PPT to take everyone off guard. Cover now well you still can shorts.
No rumor - it's real. . .really sad that the Fed has run out of ammo Finally people are seeing thru the Fed shenanigans whose new mission is apparently to support stock market drops, lol. Well the few stops I have were triggered, but I re-entered short on the bounce:eek:. NQ 1845 back down to 1815 then to 1808! Gilbert aka Paysense Cc: "fulfillment"