I got stung badly on S&P yesterday... the market is completely illogical
Or maybe I I just underestimated mass hysteria... Anyway... il not be shorting the S&P again until I get confirmation of the inevitable crash down to sub 1900...
Im not sure il be longing either though... I've absolutely no faith in this rally but there is plenty of stupid FOMO'ers getting paid atm and that annoys me.
Comment
⋅
this price action on BTC and S&P is rediculous... this pumping could go on for weeks...
Comment
⋅
Maybe this is a better screen shot... more confluence in levels to place sell orders
It's having some difficulty with 2740. Could see a reversal following a potentially catastrophic unemployment report..
BrenFren
⋅
@thenicholson, that was my suspicion, its out this afternoon?? 7milllion estimated??
BrenFren
⋅
@thenicholson, looks like its out already... est 6.6... actual 6.9... maybe that retrace 2 hours ago was the report... and back to "printer goes BRRRRRRR"
thenicholson
⋅
@BrenFren, I think we have another report Thursday for jobless claims. I think this will initiate the next wave down, might be wise to start hold shorts from Wednesday eve depending on the market reaction at 50%?
BrenFren
⋅
@thenicholson, might be worth place somthing small yeah... dependant on level at the time... what time is the report out Thurs?? Printer could easily run up everything as exit pump and stop you out....