See latest post
EOD: ES filled it's gap down and didn't look back. It also overlapped the pre-top high from 4/14/20. Very likely done- volatility derivative VXX broke out upwards above 4/16/20 previous high. If there is any more ES upside left, it probably will not be much.
Update: 11:20am EST. Looks to be going higher somewhere- perhaps a cash high equal to existing after-hours: ES 2885 zone? Or possibly today's gap down fill.
Not expecting much while everybody is anticipating another leg down. Probably have to wait until everyone gets comfortable. It isn't required of course so will have to see. Either that or it just bounces in a range for a while until the majority believes it won't happen.
EOD: ES filled it's gap down and didn't look back. It also overlapped the pre-top high from 4/14/20. Very likely done- volatility derivative VXX broke out upwards above 4/16/20 previous high. If there is any more ES upside left, it probably will not be much.
Update: 11:20am EST. Looks to be going higher somewhere- perhaps a cash high equal to existing after-hours: ES 2885 zone? Or possibly today's gap down fill.
Not expecting much while everybody is anticipating another leg down. Probably have to wait until everyone gets comfortable. It isn't required of course so will have to see. Either that or it just bounces in a range for a while until the majority believes it won't happen.
See Critical Long-Term Review Here
No comments:
Post a Comment