hmmmm---maybe it's not exactly right at the moment, but trend is up. With the correct stop, might be a good trade
We certainly don't have an all out obvious intraday buy signal here though so I understand getting out. If we were to get above 2668 though---------
2650 now making a case to be the new floor in this market. If it were early in the day, I would get long here and stay long above 2650.
We'll see it how it ends in a half hour but quite a bit of chart damage is occurring here on the short time frames. Longer frames still good. I would love it if we could go down and take out the cash gap like Vol intimates.
Really nice cash closing on both daily and weekly today. Yes, I know we didn't fill the cash gap from the morning, but that's alright. It can fill next week or not, We'll see. ---The fact that price was able to run up into the close on a Fri is very very supportive of the market for now. Again, I will be watching very carefully at the areas just above here. --Talk to you soon--
I don't post much, but I check your thread multiple times throughout the trading day and I catch up on post from everyone that I miss on the weekends.