Well,. the e-minis have been simply bewildering. There have been bullish breakouts……….which failed. There have been bearish breakdowns……….which reversed. I imagine a lot of accounts are getting ground into hamburger with all this uncertainty. One of my accounts definitely has suffered mightily this morning with all these fake-outs.
The horizontal lines represent what should have been a bullish breakout (in the processing of failing as I am typing this) and, earlier today, an exciting bearish failure (hence recovered). Difficult!
