I expected a bigger start that's why I went Long at close yesterday. I'm not pleased with this slow start. Moved QQQ Stop to just above breakeven at 304.68
Good call by you. Looks like ES is in free fall now. 3900 is inevitable and that is the Fibonacci retrace from the June low to last week's high.
If you can do that every day, after 30 years, you would be a very rich man. Why do you, still, trade a small account, with tiny profits, Ken Calhoun 20,22
Excellent call, Ken. Yes, it did exactly as you stated. I guessed rally so I could Long and then shorting top of rally. Wrong! No luck. No trade. Flat.
Sorry, tried and failed. As is obvious, I really did expect this rally to 38.2% so I could stick in a juicy LONG ad then hammer the top of rally to nail the continuing BEAR leg down. Dow, SPX & Qs all at 50% retracement of the bear rally June to august top. Better luck tomorrow
see post #719 above ................ I was expecting this move as an alternate count which I had not ruled out completely. It was 50/50 odds but I thought what if? ............ posted this several days ago that the Market would do this to complete the bear rally that began June 16.