With Trump Card in play, too many uncertainties for that kind of trade, I like the easy road. why try to re-invent the wheel.
The second day after a news related trend day is usually a firm day,now tomorrow is a different story, probably more short opportunities.
the day is bullish because now you see it's bullish. you didn't call this bullish day yesterday did ya the point of all this trading is...to call what will happen NEXT, not what did happen unless of course you make your $ as an historian, thats easy $
The Last time the daily B-Bands broke out of it's narrow range with the MACD Histogram flipping, The Dow went up 1,864 points(not including the huge low made on 11/9/2016. Now you can look at that as a possible example of how far we can possibly go. 22000 on the Dow. With the trump card in play we can easily see that happen.
we took out 20K. thats not a small achievemnt. after hour guys don't have big balls they won't drive this to 2100, they can't even keep this propped up here slow slide lower,imo
It took us a month to run up 1864 points on the Dow. Globex is not a big mover but that's not to say that they can't ramp it up a notch.
they need a reason to sell, the smallest tick down HERE can set off a precipitous fall the algos are on EDGE right now they are basking in sunlight