Ya' kinda' do once in a blue moon. I'll never forget NQurious's bottom call at end of May/beginning of June last year when Trump started the tariff wonky.
Anyone going long in this area for an overnight hold ? 4 hr looks pretty for a stop run at the highs. I'm looking to enter long at 3365ish
Eco calendar is dead through tomorrow, news feeds are dead. Smells good for a typical run north overnight. Edit. I don't normally do this sort of thing (make a call), but 3381 looks like a good target. Were it not for my MYM swing still in the dumps, I'd take it from this point at 3367.25 for that target.
Doubtful that 3380 gets picked off, but it could come close. Dead overnight session a possibility. Es hourly chart in no mans land. 100% chopville. Sell the rallies buy the dips. We are in consolidation territory
Well, the Open to 7 PM ET session was kinda' dead. Let's see what 8, 9 and 10 PM bring. 3381 smells good still. P.S. That target call was just looking back over past 4 trading sessions, and that is about the top, a quad top. How many times have we seen tops like that blown through? Many! heh.
Here's a sim-buck bet for you ESKiller...If we can get near that top before 1AM ET, say within 3-4 points, I say Europe will pop that top to at least that 3381 level. If it drops down after so be it. But a little Euro spike on top of Asia would not surprise me. And GC is taking a dive. Remember those salad says? When gold went down as stocks went up? Before the end times when CL couldn't go negative? I miss normal. :-(