Although DaBoyz could easily short-squeeze this gas-bag to new record highs with just a dollop of fake good news, I’ve presented a chart that is somewhat bearish. The 7266.00 target lies just 3.5% below, and even though the tedious struggle between bulls and bears has yet to achieve it after six weeks, there is no reason to presume it will not be reached eventually. Bottom-fish when the futures get there, but be sure to use a ‘camo’ trigger, since my merely mentioning the target in print is likely to queer its magic and attract some clowns and Goldman algos. For the record, I have been won over by a strategy used successfully by chat-roomer ‘Nick the Greek’ that’s pretty simple: short this hoax every time it pokes its greasy little snout above the water line. Nick’s stops are wider than I would recommend, but his tactics seem to be working. I have yet to adjust to the shift to a bear market myself and am still bottom-fishing stocks like TSLA out of habit when they are falling like cinder blocks. On Nick’s inspiration, though, I hope to come around, and soon.
$ESU26 – September E-Mini S&P (Last:7503.50)
Posted on August 2, 2026, 5:20 pm EDT
Last Updated August 2, 2026, 1:55 pm EDT