ES Premarket UpdateE-mini S&P 500 FuturesCME_MINI_DL:ES1!hungry_hippoWell, there's your TACO, lol. Not surprising that Trump chickened out, but I didn't expect Iran to, otherwise I would have gone long yesterday before close. Everything is overbought on the 3 hr chart (ES, NQ, gold, shitcoin), but I suspect we get a melt up because that's what happened with all of the other TACO events. Not sure how I'm going to trade this but, probably sitting out until the end of the day or tomorrow since I don't expect much movement today. I doubt Iran agrees to a permanent peace plan since the 2 sides are so far apart, but I think we go back to the understanding that they get bombed if they close the Strait of Hormuz. Kicking myself for not going long on bonds or F(ord). Oh well.