Hmm obviously wish I took it now, 120 point move. Got the move up to squeeze shorts, than the fade to clear the overbought, now pushing it back up again. So 15600.50 was our last high, imagine that will be the target for this push. I don't really feel confident in the long though, but also not too excited about shorting. I think the highest probability trades for today are over.
Nice call/observation, B... after we broke the spinning top body from 1/12 with a dark cloud cover.. ERVB / extended range vert bar south... we were heavy into the close. We are up against the 30 min TL here @ 38 .....
NQ attempting a squeeze here into HOD. If successful would potential put us above 15605. Could get a mini run up 15-40 points up from that if we manage to get above. Would be nice...
Afternoon was not good, gave back 46 points when long at 4638 and cut losses at 4622. But made 73 points on NQ, can't win them all. The smallest green day this year but in the green regardless.
Well squeezed some people out, but certainly anti-climatic so far, was looking for more. That 15605 so tough to crack.