All futures gaps fill, and I guess even a war won't keep the algos from following their rules.
Strange thing is it looks like a melt up now. No position. Might take a break this week.
AT this point I expect both ES and YM to fill the gap. RTY and NQ already have.
Strange thing is it looks like a melt up now. No position. Might take a break this week.
AT this point I expect both ES and YM to fill the gap. RTY and NQ already have.
Nota
ES filled, YM is the only index left with a gap nowNota
Just remember, Russia could shut of natural gas to Germany at any time, so huge risk in going long.This is a 3 day short squeeze, could possibly go 4, will update EOD
Nota
Cyber security companies and EV stocks rallying, which makes sense due to Russia and oil prices, but aside from that everything that's green are garbage stocks so it still looks like a short squeeze rally for small caps.It's all algos trading, there's no sane person buying PTON when Russia is trying to wage war, lol. The liquidity disappears when shorts are done covering, might short garbage tomorrow.
Nota
Gap direction is probably entirely news related, no idea which way so staying outNota
Even war won't stop algos from doing the pump and dump, lol.Might take a stab at shorting something tomorrow, probably garbage stocks...
Nota
1) Oil is the reason why the market is tanking, transports hit hard2) I told you the short squeeze would be 3 or 4 days, it was 3 1/2, lol
3) Shorting garbage is easier than targeting tech, lol
I told you only algos are buying garbage like PTON
Nota
BTW, YM gap filled last night so no reason why US futures need to go up anymore
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.