Yes, as I mentioned before we've had long covering on Fridays recently, maybe we have the opposite today (massive short covering) in case Jared finds the cure this weekend.
2455 has been a level of S/R throughout the panic so here we are again. Nothing bullish yet, imo. I think we close at or near today's low, and my feeling is we are at or near that level now. We have 90 minutes to go though - so plenty of time for rippers and u-turns
Thanks for responses, got flat now, already overbought on this move up, so will be hard to hold it, don't feel like being negative anymore today if the retrace back down goes further than just clearing the overbought.
I don't know why, but I read rippity doo dah and my next thought was Trumpy Dumbty. Golf course still open where you are B1? We're closed due to corona.
Posted this morning prior to the Open. Not too shabby if I'm allowed to brag a little. But the reason I felt like quoting it is that I actually had a pretty bad day today. I got chopped up left and right - being too early or too late and executing poorly. Messing up an otherwise decent week. I hate being 'right', but not getting paid for it. Need to improve my executions/conviction.
Here in PA the governor decided golf was non-essential almost three weeks ago. I'll never vote for that guy again.