The above was posted some 24 hours ago. How do you feel about the prospect of a rally (qqq at 54.68)?
personally, i am indifferent. i trade intra-day reversal areas for five or six handles. i do not try and rationalize randomness with opinion
no idea. i trade futures. sold 1220 area in es and missed buying just above the previous close. i designate areas before the market opens and if they trade they trade. i'm done now. only trade 5-9 am pacific
The rally so far seems to be working. A fundamental reason of the rally might find its basis in the possible effects on the markets of Carla's lower pair of lips.
The rally is holding so far. The bottom did not break, and was nailed to the astonishment of possibly many bottom sellers hanging on ET. How far do you think this rally would go?