I don't feel I have a strong edge here, to be honest, but the R/R is still good, so I'm short again @ 65. The potential for a strong Monday and a Week Low today is still highly likely, but at the very least we should see a slight pullback from here. IMO.
If the 4 hr closes red here at the top of the hour, I'll stay short. If it closes green, I'm out. Thats my plan
Stop @ B/E + 1 tick. A test of Friday's Low should be a good possibillity for today, i.e. 3300. If that does not hold - 3265 should be a good target by week end, although sooner than later, IMO. Good luck @wiesman02.
Closing in on my stop now - once again. Adjusting it back to B/E. If stopped - I'll probably just stay on the sidelines until the RTH Open and will probably be looking for longs on a pullback. The last 36/38 Mondays opening gap up have closed green on the day with a large part of them being 'bullish' days.
Still holding? I'm flat now. Gave up some open profits, but no harm done. May trade a pullback short, but mostly leaning long for today's session as of now.