Welcome To Hell
We are not losing any time – a 15 point reversal from the overnight lows and now we just dropped ES 10 points from the morning peak. Swing traders are loving it!
For the last four trading days we seem to have ourselves some kind of 877 mean reversal going on. You could also call it one big rope pulling contest – as I said yesterday night – this week ought to be interesting (and painful).
Eat your breakfast and eat hearty – for tonight we dine in HELL!
10:38pm EDT: Yeeeeeeeeeehaaaaaaaaaaaa!!!!!!
Maybe you rats believe me now ? 😉
12:00pm EDT: Caveat Ursi indeed – not to pad my own shoulder – but I warned you guys for several days now (and for a while I started to sound like your crazy uncle).
We’re kind of stuck smack in between two fibs right now – based on the velocity we just saw I think we might push to 902 but we could whipsaw around for a day or two and then finish the week up around 912.
Now, worship me like the God Of Analytics that I am – I will accept the traditional sacrifical lambs and goats after trading hours. And don’t forget to throw in a virgin or two… I prefer B cups and higher.