I’ve been trading for a third of a century, and what we’ve witnessed over the past couple of weeks is absolutely unprecedented. It’s like we’re getting an historic market crash, except in slow motion.
Things can turn on a dime these days, so I want to emphasize that I am typing this soon after the markets opened on Sunday. The ES is absolutely collapsing………..
………the NQ has broken its “Mnuchin bottom” trendline………
But these are nothing compared to crude oil. Crude oil is getting its tits blown off. Within a matter of days, a full 50% of the commodity’s value is just plain gone. G.O.N.E.
It’s the market I’ve always dreamed of having.
Cry havoc, and let slip the dogs of war.
Jesus Tap-Dancing Christ