Was it just luck that we sold our long positions yesterday? Call it whatever you want, I must always thank God for showing me the right path and remain humble. Yes, it was a good call to sell and close the long positions. Thank you Lord.
Slope of Hope Blog Posts
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Skank Short Working Out Nicely
Lower Lows Overnight (by Springheel Jack)
The bounce yesterday was at an obvious level for the short term bull case, but lower lows on ES and EURUSD overnight are less encouraging. There's not much to work with on ES at the moment in terms of trendlines but I did come up with a short term rising channel that has just broken as I've been writing. There is some support at 1260.5 that is holding so far but if that breaks then a move down to 1244 is on the cards:
