Move stop to B/E at 23. Let's see if that was the LOD or not. Offering 40 to exit. Could sell back in yesterday's range, too. I don't have a strong opinion on that for today, but it's hard to see a sell currently with NQ mooning. EDIT: Need to step aside for a bit. Put the stop at 22 just in case I get stopped on a noisy pullback. No strong view at this point. Looks like a range bound consolidation day which may end up going nowhere.
You know the Q's are hitting 500 at some point very soon. There's just no way it would stop at 497. Market loves round numbers too much. Ugly, choppy day. It is a Monday which typically is the worst trading day of the week.
Stats. say we have a good chance of closing green, but waiting to see if this can drop a good 10 points or so first to 5610/05. Could be a decent PB short, but not taking it.
Further, most likely the day range is set, but there is a chance of printing new highs. If we pop above this 27/30 area, I can see 5640 on the day. For now, it's a range bound day.
Bet a lot of people shorted around 14:45. Looked scary for a moment, but didn't fool me for a minute.