Observing Fibs & confluence off this relentless Rocket Shot as well as 45-50 window... No doubt short covering/ tapping out has helped this 7-8 Day rocket shot North... will not be watching too much PA this week but my limits are in as usual way off the market... YM may come into play for me as well this week. Good Trading Fellas...
No reason to be short here in my view. Market unlikely to trade below 2700 for the foreseeable future.