Seems like the 200 SMA is in play at 5125. With an overshoot to 5000. If we see that it should bounce. Watch for the 1000 block trades, long, then a pounding, then more up to break it. After that, I am sidelined. Seeing only AMZN on short restriction. MSFT, FB, GOOG, A and NVDA all free to short. See what the LSE etc open brings.
In the meantime, we're reversing and heading higher. And so shall it be. Good luck to everyone! BTW I don't often show my magic indicator (read: kid stuff), but I'm making a rare exception tonight. LOL
I have 2 long stock picks for the week. OSUR and CB Especially Chubb. Let that pig gap down a few %. and then start buying in increments of what you can afford on each $6 drop. OSUR is a turnaround play. But it has the world's best balance sheet.
BTW if you made enough dough tonight (based on my calls *cough*), I ask that you donate a small change to your local food bank. There are still people, especially children, going hungry every night. If you already do this type of work, good on ya.