Good point thanks. I guess in a few months time Kamala can say look how much the market went up since the 1st of August etc.
Would be odd if we don't fill the gap now, IMO, but you never know in this market. What do the talking heads give for an explanation of today's move?
The FOMC/ Treasury and the Satanic Pedophiles want new highs so they can continue being pedophilic. A market crash or intermediate term lows before election helps Trump. Remember Silicon Valley hates the dude. They will throw billions at it to ramp it up.
Weak bounces so far. Lock in 5504 and gamble with the rest. Could be a spot where "they" try to stage a bottom, but seems too early.
Tuesday's close at 72.75. A bit left until we hit that. I just trailed myself out here on shorts, but think it was too early. Either way done for the day. Too much action for one day and was a long session yesterday. Ended the day $100 bucks down compared to where I was pre-market, so that was a wasted RTH session. LOL.
I bet if one of you guys did a 68.1 Fib between Wednesdays low, and yesterday's high, at least on the Q's... that might be close to a bottom. I'm on the sidelines and not looking atm, just a thought though. edit: ~$461 on the Q's Correction. $462.50 (61.8 not 68.1)