This selling pressure is unrelenting here tonite in the futures - NQ down over 150pts

We're about back over the 50ma on daily on ES now. Of course night is young yet.

VIX only up .15 today.

Nicely done - now let's see if we can hang on to some of the pop.

At your trigger Kobie

Wishful thinking - We need one of those rip your face off bounces last 30min today to get us back over 50ma and leave us a long tailed candle on the daily

Pretty strong bounce at that

Cup and handle on 5min which measures up to about 4080 on Es

BRCC having a good day so far

Oil definitely took out your 95ish resistance area. Kind of unusual though oil moving up and RBOB dropping pretty hard 

Natgas making new highs

Looks like we may hit your Fib extension tonight Steve.

BBBY halted

For those feeling brave, BBBY Aug 19 30 calls over $2.  Good premium if you feel it may be close to top.

Related to what I posted the other day regarding underlying demand - https://www.zerohedge.com/markets/goldman-desk-133bn-equity-demand-every-day-strongest-force-market-right-now

Interesting - One thing I read last week that the window is now open for corporate buybacks after earning blackouts and with the 1% tax coming on them in 2023 that a big chunk of buying, think the number was like $13byn/week  potential for balance of year. Goldman mentions in here

https://www.zerohedge.com/markets/hedge-fund-bears-capitulate-unleashing-biggest-net-buying-short-covering-goldman-prime-may

Wow, what a move - Risk on, lol

Glad you posted this. With all the excitement this am completely forgot I'd shorted a Euro contract yesterday at 1.0224

USO dropping like a rock - nice call

Went long ES when it came back above bo line from yesterday around 4139 - just sold at VWAP. Your charts have been golden lately Steve.