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How much more can this market go...


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How much more can this market go...

  #1 (permalink)
 
barabas's Avatar
 barabas 
Chicago IL USA
 
Experience: Intermediate
Platform: Tradestation
Broker: Tradestation
Trading: ES,NQ, CL
Posts: 111 since Feb 2019
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Just for fun I want to hear what you all think about this market hype and strong buying... I dont swing trade anymore so I don't look at longer term but every intra dip has turned into a rip by close.

Read article saying lowest short players in 15 years.....

Whats next ES to 4K? To me this is mind blowing.

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  #2 (permalink)
 
iqgod's Avatar
 iqgod 
Mumbai, India
Legendary Market Wizard
 
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Trading: Stocks, Commodities, Futures
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barabas View Post
Just for fun I want to hear what you all think about this market hype and strong buying... I dont swing trade anymore so I don't look at longer term but every intra dip has turned into a rip by close.

Read article saying lowest short players in 15 years.....

Whats next ES to 4K? To me this is mind blowing.

Next is the super crash that slowly grinds below the March lows. The bull trap has been laid with all intricacy.

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  #3 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
Posts: 8,168 since Jan 2013
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The market can do whatever it wishes.

It will be "predicted" and commented on afterward.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #4 (permalink)
 
TraderTS's Avatar
 TraderTS 
Texas, USA
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: AMP Futures w/ CQG Data Feed
Trading: ES+MES+TechStocks as of 2022 Previous: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
Posts: 454 since Jul 2014
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Are we there yet?
Weekly OptionEx T3455
Weekly ExtensionLong2921 T3452

OverNight High = 3448.75

Getting there... could hedge SwingShort to protect SwingLong position from mid-JUNE.
Just don't forget about bullish bias is in the way for Jackson Hole Symposium, End-of-month Window Dressing, Labor Day Holiday...

Better direction and volume after Labor Day Holiday when Fund Managers are back from the summer vacation and the next Quarterly Rollover begins.

Make VOLATILITY Great again!


Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
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Last Updated on August 25, 2020


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