So, we finally hit the area I've been talking about for so long, and it's dropping like a rock, and no one is posting at all?

Okay, another incredible day goes into the books. Can't wait to see if we get follow-through tomorrow, or do the manipulation ramper robot drones run it up to a new high again. Maybe a gap down and then they buy it and run it way, way up, like they like to. If I were only looking at this technically I'd think the odds were very, very high, after all this waiting and finally hitting the most key area I've been watching for over a month (actually close to two months, since the very low), and having such a nice reaction off it, I'd think this is toast. But, as I said, if the gov wants it up, it's going up. All I have the ability to do is hold puts, hold ES into GLOBEX, whatever, I can't move the market. I can only try to operate within the market they create.

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Originally posted by TonyC

sweet... Dark cloud cover on daily. Is that the name for that candlestick pattern?...
T

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I think we have a shooting star the way it closed. For the dark cloud cover it would have to close below the midpoint of the body of the previous candle. But this shooting star looks pretty bearish here to me. Also, 'technically' it needs to gap over the previous close, which SPX did, but not ES. But since the ES daily is a 24-hour candle, I think cash is more important for this. Cash DOW did it, and look at cash NDX, what a candle. Anyone know that pattern? But all that matters, in my opinion, is what the gov decides to do with this, let it slide a little, or continue to reflate.

i got short because THE TRADE with its 90% target setup

I can't remember if I, or anyone else, mentioned this yesterday, but I kept reminding myself to post it, and I kept forgetting. Did anyone notice the RTH high was an .886 off the GLOBEX high to the tick? Very cool.