This is where it gets difficult for over-extended traders to hold long. Best bet is to not get over-extended. That's part of Prudent Risk Management. ---Staying long here.
Thursday is probably a better day for the continuation up this week. I'll stay put and wait for it. --Heading out for 19----Talk soon.
Keeps rejecting yesterday's LOD - not able to trade back inside yesterday's range. We will not close above 3885 today. A small pop higher can happen, but probabilities actually favor a move lower. Market's stuck in a range here trapping traders left and right.