[09:34:02] * Now talking in #TheStrategyLab
[09:35:21] <@wrbtrader> Good morning...
[10:03:12] <@wrbtrader> CME Group Alert: MARKET EVENT
[10:03:12] <@wrbtrader> E-mini S&P 500 trades up 1% from its previous close
[10:03:12] <@wrbtrader> 4 hours after E-mini S&P 500 trades up 1% from its previous close has shown the most consistent results
[10:03:12] <@wrbtrader> On Jan 20, 08:54 AM, E-mini S&P 500 price increased 1% from its previous close. This has occured 23 times over the last 12 months.
[10:03:12] <@wrbtrader> 57% (13 out of these 23 times), the price has increased 4 hours later by an average of 13.0 points. The maximum price increase has been 28.5 points.
[10:03:12] <@wrbtrader> 10 times out of 23, the price has decreased 4 hours later by an average of 10.2 points. The maximum decrease in price has been 46.75 points.
Session Start: Thu Jan 20 14:22:32 2022
Session Ident: #TheStrategyLab
[14:22:32] * Now talking in #TheStrategyLab
[14:34:32] <@wrbtrader> Shorts Emini ES @ 4546.50 -> large size
[14:34:48] <@wrbtrader> 5+5 contracts
[14:43:04] <@wrbtrader> Covered 1/2 Emini ES Short @ 4540.50 --> + 6
[14:45:31] <@wrbtrader> Emini ES futures
too hard to keep from retracing down to the R area of the Key KME WRB Zone[14:45:41] <@wrbtrader> VIX @ 22.96
[15:01:53] <@wrbtrader> This price action has enough contracting volatility to either spike higher or spike lower...here in the last hour of the regular trading session
[15:05:16] <@wrbtrader> WRB pt2 reached on the volatility spike downwards
[15:45:03] <@wrbtrader> Ok...trade position is now below the R/S area of the Key KME WRB Zone that was sitting below
[15:45:45] <@wrbtrader> It sucked prices dow to it and still trying to push lower for a possible WRB pt5 leavel
[15:46:33] <@wrbtrader> about 15 mins left in the regular trading session close
[15:46:47] <@wrbtrader> VIX @ 24.47
[15:50:05] <@wrbtrader> big big sell off
[15:50:28] <@wrbtrader> Covered Remainder Emini ES Short @ 4488.75 --> + 57.75
[15:51:21] <@wrbtrader> WRB pt5 reached
[15:52:01] <@wrbtrader> This was my only trade of the day and will call it quits here even though I think there's more downside pressure in the last 10 mins of the regular trading session...more volatility spikes to push it lower.
[15:52:20] <@wrbtrader> biggest trade in many many years
[15:52:27] <@wrbtrader> Take care and see you tomorrow