I hope you are right and this thing will shoot back down.........that end of day rally was RIDICULOUS.....and its still going.
If we have a clean break of this triangle formation for the Dow/S&P, it could go a lot higher than that. We've already had an apparently false/failed break to the downside. I'm not the expert in projecting chart pattern breakouts, but I'm pretty sure the target is well above the high on Oct. 14.
Just like some of those huge down days were RIDICULOUS!!! Ridiculous based on what? Trade what you see.
918.00 and 919.00 only pulled back to 913.75 (missed my 918.00 target at 913.00....*$%#) ....so all out at 918.50. Will wait to sell again at 5 minutes prior to futures close and see where we are at.....heck of a nice move here today.