hhaa. I think it can happen, but probably only after a 40 point rally from here, which means i'll still be getting in at a worse price than my exit!! but that's just the way it goes in this kind of market Maybe at 7k ish we'll get some more 2 way action!
I think a drop today of say 30-40 (even 50) points can very well happen, with the bull staying strong. Why not? I think better than 50-50 chance. Tomorrow too, of course depending on what does happen today. On Weds/Thurs before the holiday a lot less than that.
A lot can happen at the open=gap up or down? The 2hr cycle did turn down but the 1hr turned upwards. Smaller time frames gradually move lager ones. Cheers
Front runned, so had to get in. See if we can get a 60 print at least. Last trading day of June today.