Yeah, filling in that forced short covering (that got me) parabolic move up. That's where I got the minimal retrace 11354.25 from. In this case they actually filled in almost every tick from where the parabolic move started from, which doesn't happen as often. The overall concept / setup happens a lot though and plays out on every time frame. Typically they often re-buy the retrace area again as well. So, normally I'd be long as long as the parabolic move is overbought, than once overbought stops I look short. But I was kind of doing my own thing today and wasn't flexible at all.
Whoops, guess some bad earnings dropped. Oh well, there's always next quarter. It's over. NQ now heading down to 5,000 by Dec 31st. Sell everything you have and panic the hell out. DO IT!