Yeah. No doubt. Could see a move down to 3803/00, but I'm holding long here. Will probably stop out around 07 and re-enter. I suppose we could see a strong sell to the down, too, but I'll admit to being clouded by a bullish bias for this week's end.
I exit my trades once my exit signals reverse (either using scalping or day trading method.) While price moves with momentum in play, my exit signals might last for an hour or so without reversing which means these are juicy trades using 2 nq contracts to trade . Other times, I still make some small profits when exit signal reverses but this morning isn't usual. That said, I reduced the position size and stopped trading after the 3rd trade.
FWIW, I'm still a trapped long here and still holding that long. Will stop out @ 01/02 and double down on a new long if price finds a bottom there. Maybe I'm dead wrong, but I don't really expect a sell-off here. The stop is there nonetheless. Update: The odds of printing 3803 are pretty good now. But I'm expecting a move higher if we print 03/00. We may even have the LOD here. So I'm not wanting to stop out here in the middle of nowhere and risk missing the boat.
To the tick. Would have been even better if I were flat and could have entered long there. It remains to see if this market has enough strength to print 20/25 on todays session now.