At this second in time i'm expecting 4160 or so as the next upper target. I've been enjoying the long side for a while now and am weary of pushing my luck, but it still looks decent to me for now
Still leaning long myself here, but I'm not very confident. Bit of a mess here on the 60-minute, IMO, and NQ is showing weakness, so I wouldn't be completely surprised to see another test of the lows before higher. Hopefully (as I'm long) this release spikes us higher and gives the market an excuse to rally...
Stopped me out (trade not posted). Had the chance to break it even, but greed got the best of me. Assuming yesterday's LOD will hold and looking to re-enter long at some point. Weekly Open / 50 % Level at 31 / 32.50, so that's a hurdle to overcome to the upside if we start moving higher. Maybe we can see 4140, but not sure I'd hope for much more than that today? Been a bit out of sync with the market yesterday and today, so this post should probably be a good fade trade. It's quite possible we're stuck in this range till over the holiday.
NQ leading lower. Doesn't look too good for the long side today. May go long if we snap back up from yesterday's LOD, but right now this isn't looking too pretty. Lacking confidence on the short side as well.
Needs to find a bid here now and snap back up - else it looks like 4080. Will take a long if we snap back inside range, but not shorting this.
That's an initial FBO of yesterday's LOD, but I'm not convinced until we see a good move above 4105 or so with NQ moving with. Late shorts are trapped here.
Outside Day potential, i.e., 4130. Maybe 4140 if we get really lucky. Not sure I'd hope for any more today. Any other takers? Not out of the woods yet, though.
Let's get a green both daily and weekly candle today so that everyone can be happy for Easter holiday... Selling off for a new LOD from here would surprise me, but who the hell knows anything these days.