If you want to succeed trading, Pekelo...don't feel like you have to think to get paid. -- Simply trade what you see, w/o thinking, or overthinking it. It's kind of amazing how crystal clear, and relatively simple, trading is...and how the chart looks like...in hindsight. If only you could apply that basic hindsight wisdom...to real-time,...this is where the money starts to flow in,
It's possible there is a top but charts don't jump out and yell "TOP" right now. I assume you mean because we hit the 20 day MA on Cash and Futures but I will stay long right now
We still have the gap on Cash from Jan 30 to fill. Once we hit 2851.48 on Cash, the gap will be filled. Friday's close was 2732.22 so we have a ways to go still.
I suspect that there is a short term floor at 2670 area. In my view, the dips should continue to be bought.