Thanks Randy. I saw your reply above so no worries, and I did not even notice your typo in my username. Thanks for the update once again

@hengliu0714 Tagged your username wrong incorrectly (using the letter q instead of g) when trying to include you in the reply to @761001. Just wanted to make sure that you get a notification of the reply. I will post potential setups for any of the micro-trends in the trading room. See my previous comment to @761001 for more details, including a very early, short entry here for what could prove to be the early stages of the next micro-downtrend lasting days or weeks although we don’t have anything remotely close to a sell signal yet. If the trade starts to pan out, I will add to it but only after a clear & impulsive break below the 60-minute wedges.

Turned out to be a little more than 2-minutes by the time I got that reply off. Shorted NQ at 6967 at 1:22pm ET, stop at 6992. Min target 6893.50 but may trail down stops, depending on how things look from here.

@henqliu0714 & @761001, will do. Although this current rally could continue, there are some pretty solid resistance levels overhead for SPY & QQQ coupled with some high overbought readings on the 60-min chart. FWIW, I just shorted the Q’s via /NQ about 2 minutes ago but not a usual sell signal such as a TL or other support break, reversal candle, etc. More of a tape-reading, instinctive based read that we’re about to get at least a day tradable pullback to bring the Q’s & SPY back down to at least today’s open (a 1% drop in QQQ if so).
Can’t say if that will morph into a multi-day or week downtrend but if the market can drop much more than 1% from here & do it soon, it will have broken below those 60-min rising wedge patterns on ES & NQ. As such, this is a day trade that I might allow to morph into a potential “runner” swing trade, depending on how the markets trade the rest of today.

Co-ask. That will be great