3778? not sure we can ever get there. The Fed is hitting the break softly, probably back to 4k if it is a 25bps decision.
Last week's banking black swan is going to change Daddy Powell's messaging in a big way. The 2PM release will be NOTHING compared to his 2:30 PM Q&A session.
It is not the direction that matters...It is the PA. You are going to be seeing some serious PA when he starts flapping the gums. The bias is now up, but remember what happened when he spoke some weeks ago at the Eco Forum in Washington. It was up 50 points, then down 50 points, then up 50 points in chunks of 10 minutes. On and on and on. I am really not liking the guy. But he is a hell of a lot better for day traders than Yellen who did nothing but coo, hehe.
well, you can put a profit target of 5 to 10 pts both long and short with two accounts, solve. i am doing this right now. unless it is directional, it makes money. if only one account, use a different expiration contract.