Patient Observer

@snyrpus @TicTocTick But when we throw people under a bus for an error when their overall body of work is pretty solid, just saying we can do better.

@TicTocTick a key difference, overlooked by many is bond traders know what's up. they got the yield curve back to fully inverted as we went into 4080s. Previous few months they had flattened it, even into sells. + we have Roll/Exp over the next couple weeks = opportunities for the nimble

Intermediate term levels Shorts do not want a close of any kind above 3307, possible saving grace would be 3337s Longs do not want a close below 3225 (and especially not 3168) #ES_F $SPY $QQQ $ES_F

@BadAlgo @HFTAlert at 1106 now, has there ever seen a 2000 program day?

Unprecedented level of programs showing up on @HFTAlert's Burst Monitor today. Over 600 in just over an hour of trading.

$ES_F Cash Close = 3525 Above 3518s continues upside pressure to 3536/39, initial excess to 3548s Below 3503s can break 3494s and see what offers at 88s. Below 3483s to 3468s - likely absorp near 3458s/53s/46s. If none... Good sell poss below 3431s $SPX $NQ #ES_F $SPY

$ES_F cash close = 3505 Above 3497 targets 3527s/34s Below 3483s target 3468s - if sellers push below, look for absorp near 3458s/53s/46s. If none... Good sell can come below 3431s, target 3385s. If break 3364s, sharp dip into 3279s likely $SPX $NDX #ES_F $SPY