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Wait to see whether bears can make a double top here. Until now I still don't know whether today would be up big or just a range day. Strong breakout here then today might be up big.
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The pullback probably means it's just a range day, at least unlikely it'd be up big (unless someone said something of course).
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Yesterday's low now is the bull's last stand for today.
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/ES should have a strong support at 4127, market is very oversold. catching a falling knife can be dangerous at the same time, follow the trend, trend is your friend still the only game in town. Happy Halloween.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Consolidation, bias is down as consolidation usually means continuation.
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BullBear52x wrote: ↑Fri Oct 27, 2023 1:45 pm
/ES should have a strong support at 4127, market is very oversold. catching a falling knife can be dangerous at the same time, follow the trend, trend is your friend still the only game in town. Happy Halloween.
3900 is good bounce zone good support Folks aren't ready
macro picture
ARKK leads market by about 9 months. Will be retesting Covid lows next week. trendline off covid lows target. Cathie Wood , how much longer do you get paid for this? That's a BIG head.
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