iBankCoin
Objective/Quantifiable Technical Analysis
Joined Nov 23, 2015
41 Blog Posts

Don’t Be That Guy

Yesterday was a face-ripping rally that carried out the shorts in body-bags three times over.

If you missed it, I’m truly sorry.

As you probably know, I have been the biggest bull in the room ever since the infamous OPEC Rally of 1812.

However, going forward…DON’T BE THAT GUY.

You can’t be that guy hating the rally at 1850 and now loving it at 1970, it doesn’t work like that. If you aren’t already long, you’re going to have to sit this one out and wait for the next move. Yesterday’s move was monstrous and will take a few days to set back up. Relax, the market will provide another entry either direction. Patience pays here.

ES Futures Daily Chart
ES Futures Daily Chart
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