So far third ES hit of Daily resistance is not holding as well per normal. Let's see if we can go get 4484 ES weekly resistance.
Well i got trapped and baited in on that and took a loss. still not looking great down here on NQ either. I am long again here at 14244 may lose on this as well, but going to try to give it more time.
Got flat on that move up, up slightly now and flipped short 14288 going to stop posting, since seems everybody else is busy trading too. Good luck.
Today's RTH session filled the gap from the 16th of February. Not a surprise that we saw a range bound consolidation today following last week's 4-day rally of the lows. We may see a range bound week, but barring any negative news during the week odds seem to favour a a close above 4450 by end of week.
I don’t hold a strong view as I believe the markets can quickly reverse, too, in this climate. Above 4450 is simply the minimum to ensure a positive week which seems most likely from here. I posted this yesterday:
Gotta zorch, so I can't keep an eye on this one for ya'll as it's currently wrong. But I still think it's gonna go up. But don't be greedy though either way. Keep em small, and take the $'s when you see fit. A vix that lived above 30 for 16 trading days, and has suddenly dropped to 23 in the matter of 3 or 4 sessions, uh-uh.... all may be well, but odds are that's not the case. At least not with Putin still rattling around. Let's see a vix below 17-18 for 16 trading days, until then trade what ya see I guess. 4449>>> 4444.25 stop