Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
The level of the bounce and fail. I am thought people might like to share their views on the bounce and then fail level of the ES (or SPY if that is what you trade).
Any reasoning behind your projection is an added plus,
Can you help answer these questions from other members on NexusFi?
This thread is based on the assumption that the ES will (or has) bounce and then fail.
I friend, who missed selling at the top, asked me what level would be good to short at.
The question is predicated on the belief that the final low of this bear is not in place yet (28 Mar 2020).
The Fed and the US govt have thrown amazing amounts of currency into the fire:
unlimited repo financing 1 Trillion (?)
4 T of Fed (Fiat Extraction Devil) for corp debt market and others
Both Fed Chairman Bernanke’s remarks yesterday and President Obama’s speech last night about his jobs plan; combined, failed to reassure the market that a solution to the country’s economic woes was at hand, and the …
