volente, you don't play fair - you trapped all those late longs up there after they waited all day for a nice little pullback buy opportunity ... now no one is going to want to buy this thing this afternoon. If I knew you were going to do that, I'd have kept my mouf shut
I still think the NQ makes a run toward 7380 by the close ... hoping for some intermarket divergence ... or should I say outramarket?
Welp, if certain "ANALysts" out there are to be believed, the equities will now tank for the next two-three weeks for some reason as the "triple" or "quadruple" witching hour has passed, and all the quarterly options have expired. Indeed, last year at this time the markets did tank from now until first week of April. Will we have a repeat?
Interesting to see how this week played out. We have 4 gap days this week and none of them filled. Historically, this pattern seems to suggest consolidation for the week to come OR continued upside. Also a good reminder that not all gaps are filled intraday.
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Still up...Long @ 2827.00, Stop @ 2812.00. If I were to get stopped out, I anticipate a down target of 2780.00.