Highly Technical Market Sell-Off - Though, it has picked up over lunch and I suspect that short term turn is in near. Old floortrader told me once, never trust a market that is making new session highs or lows during lunch. That's not normal. This might not be a normal day; but we do need to rebound to get another opportunity into the short trend. So, count on it. The last draw is more suspect as it hasn't been proven to exist yet. So, we will see how we look when we trade 9855.75 on NQ.

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This is actually the right draw. I am planning on selling up against the 9861-9888 level. . . frankly, I'd like to be in a countertrend long if I could find some sort of a rebound here.

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When has it ever been a normal day ?

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Last year and early 2020 was the last time any "normal" action occurred

Do you expect us to go lower? Or was this buying the dip type of correction

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I think you got your rebound!

We got our rebound they promptly sold it off another extension. LOL

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Bought bunch of calls as insurance. If market does go up I’ll lose my profits on puts and cover it with shit tone of calls. But if market tanks then I’ll print more on puts. Hoping for a big swing either way.

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