ES progress chart
I slept in today and this is what I was worried about from my last night NQ update, the EOM sell:
There is a chance we see 3580 level today and if it closes below 3600 I think we gap down and see another 100 points cut tomorrow am!
Be really careful with sizing on the long side till tomorrow's lows.
I will be all out from my swing MNQ short tomorrow and will be looking for a long if we see 3500 or below tomorrow.
Since its usually doesnt bottom on Fridays, next week bounce should be muted imo but a drift upwards to the 6-7th high would make a perfect sense.
Also watch out OCT EOM can be a good repeat of what we see now
There is a chance we see 3580 level today and if it closes below 3600 I think we gap down and see another 100 points cut tomorrow am!
Be really careful with sizing on the long side till tomorrow's lows.
I will be all out from my swing MNQ short tomorrow and will be looking for a long if we see 3500 or below tomorrow.
Since its usually doesnt bottom on Fridays, next week bounce should be muted imo but a drift upwards to the 6-7th high would make a perfect sense.
Also watch out OCT EOM can be a good repeat of what we see now
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