S&P 500 E-mini Futures
Updated

ES Midday Action

206
WTF was that? 15 minute pump, 15 minute dump. Talk about a bull trap.

I don't recommend going long until after Israel bombs Iran, that should cause the daily to go oversold. Look to play the bounce a day or two after it happens.

Note: 15 min chart, ignore the indicators, they just show up because of my template
Note
Looks like yet anotehr pump and dump attempt by the algos. Might be yet another gap up tomorrow.
Note
There's a strange disconnect between what stock traders are doing and what futures are doing. Stock traders don't want to hold overnight because of the situation in the Middle East, you can't sell stocks if something happens overnight, whereas futures traders and crypto traders are operating under the assumption that they can get out AH.

Fact of the matter is, the drop will so so fast, they're screwed anyways, lol.
Note
Asians pumping futures again, guess they want to lose more money

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.