There is a warm spot in my heart, right on the bottom, next to the lodged sausage, for how little interest you show in my morning report. It sure is boring, isn’t it? If you have stuck around for a while, you may notice I am a routine person.
Morning reports, meals, Exodus Strategy Session, and pumping iron. These are looping events in my life. The whole world could be crumbling around me [like the stock market for the last year] and I will still do my best to keep my routines intact. It’s how I keep my grit.
This morning, in hypo 3 we highlighted 4166.25 /NQ_F as a price level of interest. Then, mid trade, because I love you guys, I even blasted out an update:
Hypo 3 and seeing sellers show up at this level $NQ_F https://t.co/5tD4XgtmnS
— Raul (@IndexModel) September 30, 2015
This is the only trade I’ve taken today, a short. I also reinitiated BIS at that level. So while they were having an orgy on CNBC over these sick market gains (Were they? I don’t run that distraction ever.) I was selling my level in a routine fashion.
I don’t draw these lines on a market profile chart for artistic reasons—they are how I make my living. How do you make yours? I’d love to know—big ups to the accountants out there. More respect to the laborers—picking sugar beets or laying bricks.
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Yo Raul, not boring at all. I regularly read your morning missives and really appreciate your contributions! Looks like a pole climb to 4200 as you suggested in hypo 3?
We’re neutral here, I leaned on the pole earlier for my short, but if we get back up to HOD the context is def there for a pole climb, yes. Otherwise my bias is to the short side.
Looks like we are back to the 4160 area and almost kissed the HOD exactly…..