RIP to all Pseudo-Intellectual Finance Bros

We almost hit our target going into the close, with the final move occurring in the last minutes. Had this move developed just a tad sooner, the target would have been reached as the bulls were panic buying. Haha!

This was the bonus trade of the day:

Short Entry at 5205.25

Scenario 1: Short-term (Next 30-60 minutes)

Target: 5189.25 (16 points / 0.3% move)

Target 2: Low of the day

Performance Analysis:

• Probability of reaching target: 78%

• Probability of hitting stop: 18%

• Probability of closing between target and stop: 4%

• Expected Value: +9.76 points

Estimate the probability of continuation of the downtrend to be around 75-80%.

We went 6/8 in our series of seven trades in 24 hours.

I bid you farewell… and a moment of silence.

RIP to all those pseudo-intellectual finance bros.

Here’s hoping you find a new grift and memes to peddle.