op exp. news does not matter. yesterday printed 885 as settlement ... today should be the same or lower. Since we ran up this morning, should be melt down by close. Edit: next week is another story!
Long 885.50, stop at 884.00 Stopped Re-entered long 884.00 stop 883.00 target 893.00 minimum ouch stopped again... miserable past couple hours for me Long, last shot... long 85.25, stop 83.75 closed long @88.50 ... getting bearish for a move down to 880
The 4:00 pm gap at 883 in play. As open range is taken out as if there is nothing, and we are below pivot, S1 873 is in play.
NQ 4:00 pm gap is not taken care of yet. Edit: Rest of today will be very interesting as we are trading at a very sensitive area that various indicators, trendlines, etc. can switch their directions easily if ES lands above 900 or below 880. A break out of this area today should point to the direction for the rest of the year.