Nice 20 point bounce off 1 hour 50ma on ES. Higher payrolls make it higher possibility that Fed sticks to another .75 hike

Gold in free fall past couple of hours

This may help the bullish thesis for the short term

Nice wick on gold futures today

Matt, Nice call on Gold last night - made a beautiful bear flag on 15min chart from about 11:30 till 1 ish, then broke for a quick 5-6 points before dropping for another 10 after chopping around some.

Sellers took the night off. ES at 3822 now. One bull flag after another since about 9.

BTC on the hourly has a nice H&S forming. Right at neckline now.

Peeling off 25% of my SSO here. Still long XBI and LABU. Nice call guys.

Market's getting slammed here as Europe opens. ES futures just hit 3699, trying to bounce a little. Oil down $6

I don't know. I was using Tradestation heavy in the 2004-2006 time frame when SPX was about 1200 and it froze up all the time then too, LOL.  Have used Fidelity and TOS pretty much since. Hard to beat the charting in TOS and I can use to trade futures and forex, though their commissions a little higher, they will negoatiate if you're active. . Fidelity has best executions, especially on options and large stock trades.

Some lite humor to start everyone's day - https://quoththeraven.substack.com/p/problem-solved-the-white-house-says?r=z9f2s&s=r&utm_campaign=post&utm_medium=email 

BTC banging down at 21,000.  This could get interesting to see how MSTR handles a margin call if needed

BTC getting taken to the woodshed again tonight, down 2700 at the moment

Oil nice bounce right off it's lower TL on the hourly during night.

Gold futures slightly undercut an old R line, now support S at around  1835 during the night. So happens the 50ma on the weekly and the 200ma on the daily were both right at there too, something that's kind of rare to see, and something that gold usually has at least some reaction to individually.  Pretty good odds we were going to get reaction between all 3, caught it at 1832.70 coming off 1830.6 low. Felt strong enough to put a 5 pt stop on it.  Nice to wake up to a 20 pt move up. Now begs the question whether to just sit on and hope we have low in on gold for awhile and let it ride or sell. Unfortunately only took one contract.

They've been killing Biotech - XBI down 20% past few weeks. They're going to have to reverse split LABU soon. Another week like past couple and it'll be at 0

Real bad day - https://www.zerohedge.com/markets/bill-ackman-dumps-entire-netflix-stake-loses-430-million-4-months

Anyone see any news, big spike in futures here at 9:45?

At this rate, may hit it this pm

Put a short on the ES off the 50ma tag at 4432, got it at4430.50 and also bought some 442 puts expiring today at .86. Thinking 4400 could be big attraction for this pm. Keeping tight stop on this Es trade though.