Tomorrow is fed day. There is not a single scenario where the market will selloff tomorrow given the parabolic nature of the market. The possibility would exist on Thursday after every single weekly put is completely destroyed by tomorrow afternoon. It is very unlikely, since this market is completely unstoppable. I'm just saying, that in a market in the past there would be the risk of some kind of Thursday-Friday Selloff. Again, it won't happen because this market has no ability at all to selloff and they will V any attempt.
IMHO we're in "sell the news" mode at least until the press conference in 20 minutes... Press conference: dovish statement -- V Press conference: hawkish statement -- chop at the bottom
we pretty much need to retrace to pre-election level, don't be a fool. btw, got 5 rolex in cl trades since index rally, not a believer in equity these days.