And Higher Thereafter!? Should bounce from 21MA IMO. Needs a pullback after the monster rally. Typical handle is ~0.50 fibo of cup wall.
Test ATH thereafter, and beyond?! Who knows, double top before FOMC seems likely at this pace. Fed could tank it again.
Test ATH thereafter, and beyond?! Who knows, double top before FOMC seems likely at this pace. Fed could tank it again.
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NQ forming a falling wedge, might pop up soon IMO; 25% of SPX is N100, wouldn't chase a short here...
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Flipped calls on the wedge popup!
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Got lucky lol the Bears came out!
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Flight to quality, DJI up NQ down, RTY down, SPX little changed as it contains parts of the whole... bigger move soon? Not opening EOD to find out what happens Fri AM, lol, been burned too many times that way...
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Nice EOD sell, I missed it running errands. Tried for an EOD bounce, did scalp a bit, but late selling to close LOTD pretty weak... look how DJI ends flat, this could still move higher, watch and wait!
No positions tonight, can break up or down in AM IMO
No positions tonight, can break up or down in AM IMO
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After a rough day like this you wonder if it's over for the bulls... don't underestimate them; however, it does start to look like terrific pushback from the PRZ at 4700.
Will 4744 turn out to be the final ATH?!
Will 4744 turn out to be the final ATH?!
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See related idea link. Got a clear H& S and island top. Should it gap down and leave the island will be done.
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See related posts. Still waiting to see if that gap fills, probly a long order if it does.
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Perfect Handle. Amazing!
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Not bullish!
