@ivs_futures Agreed, I'm looking for a downside reaction out of the 13,900-14,200 zone a key area in the first half of 2021. If it blows through 14,200 with no meaningful pullback all bets off. I never underestimate the strength of NQ when a story based mania like AI gets serious legs.
@mwaugh @TheStalwart@calculatedrisk Yep too much woulda....shoulda.....coulda......nows the time to act. Too many folks going to the dark side, I'm taking the other side that we will defeat this virus and come out stronger on the other side and hopefully wiser.
@TheStalwart@calculatedrisk Sure we can don't underestimate the ability for us to respond to all of these issues with the same creativity and massive production power we demonstrated in World War II. We will persevere and come out the other side of this pandemic even stronger.
@TTCSteve Trading for 30 plus years so seen many drops. This one feels different, but I could absolutely be wrong. Not spoiled by anything. Fortunately I’m very good at what I do, more concerned about the economic carnage on a broad basis. Thanks for your analysis I do follow closely.
@TTCSteve Normally I would not either but the move so far is unprecedented and to think there is little to no probability it could extend well beyond normal moves would be shortsighted. I truly hope normal sentiment patterns play out and you’re right that any move to 13K will be later.
@argosinitiative@hks55 It will reopen if they get a steady bid above the lock limit price. You can go in now and buy a tick above the lock price. You can not sell below the lock price. More than likely it will be closed until cash markets open tomorrow morning.
@3wavetrader I also appreciate your analysis. Thank you for generously sharing. Trading is a very tough biz that requires an open mind, which I believe you understand very well.