I'm secretly hoping the bulls would step in and push the market back up (so I can short again ). Anyway, it's way too early to tell. Also the market never rolls over in a straight line. We'll likely retest the 3337 in the coming weeks.
If no new news comes out about anything substantial in any paradigm between now and 6PM, I see no reason why there would be a gap either way. Just business as usual now.
K, I will concede. If in between now and 6PM ET, we get this over a major US city, like NYC... We'll prolly gap down at the ETH open somewhat. P.S. My favorite part of this is around 2:12, when the shockwave knocks those folks in that thoroughfare on their asses.
Here's a chart of NQ in 1999 (Nasdaq tech bubble) for reference. I think we're possibly where the arrow is. As you can see, there's the next leg up before the market finally caves in.
%% True; SPY + QQQ are still long +strong; but IWM closed clean below 50 dma+ Dow/DIA looks weak, but tends to always be weaker than SPY, QQQ. NOT a prediction or ETF tip.LOL..................................................................................