16940.75 if NQ weekly closes above this, than pattern is in tact and we likely go to 17495.50 min target if not the full 17703, before too much more downside, so tomorrow is pretty important day from my perspective. Either way market is unlikely to top out until at least 17495.50, but I'll be really surprised if we don't get 17703. Actually took some shorts in the afternoon session with some good success, would of rather held long from the overnight lows obviously, but I messed that up. So disheartening today market gave me exactly what I wanted and didn't take full advantage.
That's what I was going to answer as well. We got near the Izzy target and folks took some off the table.
Or write out in bold-face 7 point font that you are the number one market timer on the worldwide web with 460,000 views. I mean it works for some here @ ET.
The DMI on Weekly Cash suggests we are near the middle of this move with perhaps another 225 pts at least in the offing.
You don’t believe the 0 DTE Options conspiracy? CBOE spokesman said most strikes were balanced so there was no rug pulling by the dealers. https://www.reuters.com/markets/us/...actor-us-stock-volatility-experts-2023-12-22/