I'd not be unhappy if it went all the way back to the low of the week and closed there or lower. I sold at market when the bar that opened at 9:45 Eastern went red after the bar ending at 9:45 sold down from yet another BO attempt.
It may continue to chop further or swing down hard next week. It's a matter of time before the breakout.
agreed..there are many opposing forces adding daily + all the intradays'..guess that is why mkt is in a channel..lol
Anyone seeing anything? I see a chance for a short cover rally at some point or EOD. Even if it doesn't hold, so I am staying tiny long.
That would make today an Outside Day. Could happen, but those are rare. Would keep an attention on 2441 if/when we get there.
True, but we only made a new high by a few points (almost a rounding error with this volatility) and yesterday ATH's low is 25 I think. But I see your point.
Nice looks like happening now. EDIT: got out here, not going to push my luck been a long day and decently profitable now.