Is tomorrow a down day? No major news are on the docket other than ISM and FOMC minutes (and crude oil stock, which we don't follow). At any rate, I have a good feeling it will be a down day. If we do slip and fall, expect 3740-ish to be on the horizon. OMG that's 100 point drop
Another spike up into the top of this 120 handle range / right shoulder, wouldn’t surprise me in the least… providing an optimal short entry… We’re sitting right in the middle of the 3800- 3920 window currently … 60 handles of air up top… either break will yield 120 ish point run!
Hey, I thought you were my distant kin. Anyway, I'm gonna sit on my hands for now and collect that 100 handle bounty tomorrow (fingers crossed). I hope you change your mind and join me soon.