Pretty interesting, the kinds of head and shoulders patterns appearing, even on intraday charts…….

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Pretty interesting, the kinds of head and shoulders patterns appearing, even on intraday charts…….

Since the next 24 hours are going to be mostly waiting around for Jerome Goddamned Powell to speak, I thought I’d mix it up with a little personal observation instead. For almost two years now, the people of Earth have been putting on (and throwing away) literally billions upon billions of surgical masks in this bizarre new world of ours. It occurred to me at the grocery store that there should be some new words coined to describe some of the new situations we’re dealing with. Please offer your ideas in the comments section.

Well, THAT was weak.
This has got to be the only morning in history where I’m disappointed to see the ES down 80 points. I mean, don’t get me wrong; 27 out of 28 positions are bearish. But still, what would have made this easiest would have been a strong bounce up to 4460 and then I would Get The Hell Out of my one long position and enjoy the ride down. As it is now, I actually have to think. The hearty bounce below is already half gone, and there’s still an hour to go even before the opening bell as I’m typing this. Sheesh.
