Small caps (RTY) weak yesterday, strong today. It seems almost everyday you have to switch your bull hat for a bear hat and vice versa....LOL.
There is a very strong setup here for big upmove rest of day. Financials still poised for this as I indicated the other day. They will lead the way.
You guys better get long if it gets to 3167 and your indicators look good, if it gets through that with a little steam, B1 might just get his (3200) barn-burner by the close today. But if there's a deft of short algo's piling on at the 3167-3176 level.... it'll drop right back down. Tbh, I don't think anyone will short it even though its failed several times this week. Its a good day for the pro's to go home early and enjoy the weekend so we might just get chop from here. See ya'll later. g/l. Barn Burner!