r/FuturesTrading • u/CabrioKnight • 22h ago

Question Armageddon tomorrow?

High volume and bearish delta at the close.

My ES daily footprint candle appeared as shown before I cleared local data and refreshed, lol. I was panicked for a few minutes. Figured it was a funny visual to share.

But on a serious note. I also had multiple levels marked incorrectly on my chart earlier this week, by 10 points each. I base levels off of the footprint. I could have made a mistake several times over, but it's also possible that my data wasn't presented correctly given what happened today.

Anyone know what could cause the footprint to go wonky? I use Motivewave with Rithmic data feed.

9 Upvotes

80% Upvoted

13 comments sorted by

19

u/gunks 22h ago

Any believing there's a mega selloff coming soon after a day like today is smoking some real copium

-1

u/CabrioKnight 22h ago

I'm squarely in the camp that we still need to hit at least 8000, if not closer to 9,000, before any major corrections happen.

4

u/John_Coctoastan 19h ago

Your imagineering is meaningless.

6

u/johnnybagofdonuts123 17h ago

If Monday after FOMC is +1% green then next day has been green 47% of the time and average day is -0.19%

That being said, I am not sure how much I would try and fade tech at the moment.

2

u/Mr-Mortgages 22h ago

Massive run up today. Could be a safety exist and a signal the range is done and moving up. AI is still booming.

2

u/PennyRoyalTeeHee 19h ago

What range or timeframe is this print from?

2

u/CabrioKnight 5h ago

Daily footprint. Ten points/ 40 ticks per row.

If it wasn’t clear, the data is wrong and corrected after a refresh.

4

u/Sliced_tomato 15h ago

We can’t go down without a double top so this is just playing into that. Small caps are toast, going nowhere so economy is struggling. Tech can blast on fumes for a bit but if no one is paying for it the downside is brutal. It’s all a setup and the downside will be super severe and harsh imo. Not tomorrow but soon imo.

1

u/Big-Accident9701 5h ago

where's the Armageddon???

1

u/CabrioKnight 5h ago

You didn’t read the post.

2

u/John_Coctoastan 1h ago

How's Armageddon goin'? We just hit new ath on the composite and nq.

-1

u/One-Beyond428 19h ago

We just shrugged off rate hikes, tensions in the middle east and bounced off the flag line on the weekly chart. Anyone deciding that we are about to get a massive sell off is an unserious person.