I will only start looking long again if 1204 is hit or I get a longer term buy signal. Right now, I remain looking only short.
even if vote passes,could mean treasury is out of bullets,had woman head of fdic on last night, bloomberg,she said they were running all kinds of worst case scenarios to make sure they could insure accounts under 100k if more banks failed,she said they have belief that the treasury could add to there coffers if needed,last time they did this was early 90's
market profile nip from 9/18 is 1159,will probably see that today,i hope it holds,comparison chart of uvol/dvol looks like trend day,uvol flatlining,dvol keeps climbing
The hyperinflation engine has started ... they cannot stop it now. So, if more banks fail, the funds will show up in next bank. Fed can print more, no problem
Umm, isn't there a potential Wyckoff thrust setting up here? Looks like the rocket is in the gantry and the rubber band is wound up all the way.
Thrust or spring ... hard to say at the moment. A sudden and powerful drop of NQ to limit down, when the uncertainty is still there, can force congress to vote at once. Not sure if it will pass or not though.
I believe limit down during RTH for NQ is now 130 points. 1. From where it is calculated? RTH open? 2. How long it is limit down? 3. Does somebody have experience what happens if limit down ended? How was trading last time when it happened during RTH? Gaps it down or up, etc. I remember "rogue" limit down on ES but this is just 5% not 10 like now. Btw, I like bottom fishing but today it looks not the best season for it right now. I can pull out ice bear.