I would have to say there truly is ZERO downside risk in this market. FOMC will not let the market fall. Get long sit back and relax. Trump has Powell under control. Powell wet his pants when Trump called him out.
Multiple long/short signals and FBOs in this tight trading range for the last hour. A good reminder that not every moves go 'anywhere' on the ES.
You might be right... Then again - I read this one yesterday: https://www.bloomberg.com/news/arti...ivor-is-prepping-for-the-next-credit-downturn
pretty funny about 4 or 5 pts lower from here most of you will act like you invented it you knew it all along