Get Ready For the Lunch Time Rally Off The Lows

At what point you think it's going to be done?
It's at 9227 right now (fell back after hitting 9280)

 

Exit before the round numbers 9300. Its a counter trend trade and is pretty risky.

 

I've heard it called the "noon balloon," don't know if that person made that up or if that term is used a lot.

 

Gocha.
You were right on the money (literally).

The question now is, will it now stage another mini-rally after rolling back to 9140?

And if so, how big of a rally will it really be and how bad of a pull back will follow?

 

Also wondering about a second mini rally?

 

Do you really want to ask yourself such kind of questions? Can you answer them? Do you really need the answer(s)? IMHO, this brave and pretty useless endeavor has a potential to ruin your trading career sometimes...

 

There are no more shoes to drop. Market seems to be forming a base around 9200-9600

 

for ur sake i hope so

 

Dire economic numbers are being priced in. But will they be that bad? Mayabe not.