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If one looks at the daily chart we're now in a potential sell zone consider prior peaks. I don't think we're done below just yet. Remember, this market gets everyone bullish near highs and everyone bearish near lows.

I'm flat here on a trailing stop on that spike on the news-release. Down $650 pre-market, but made it back by adding to a winner. I never average down. Could be more upside left, but no interest in sitting through a large retrace and I don't want to push my luck as it's been a good week and...

Monster move! Someone is buying stocks! Or covering their shorts... :) Probably a good combo.

The price action post-release today's news pre-market is an example of what I consider noise. Just a spikey counter-move with no real substance.

It could appear, so.

As soon as yesterday's HOD is taken out, I would be expecting 4180 quickly. Not sure how much more one should be expecting today. Could go all the way to 4200 of course, but I'm a bit more cautious about that today. Let's see... :)

Paying attention to 4173 now. Bursting right through would be ideal, but it could trigger a reaction.

There are some that say there is no such thing as noise, but I strongly disagree with that by my definition of noise. Sure, every move happens for a reason, but that doesn't mean they're predictable. What's predictable to a certain degree is that the market will move from A to B. But the small...

Humbly, I think two factors are relevant here: 1) Leverage 2) Method If you're highly leveraged with a poor methodology/understanding of the market, you're in constant stress unless you love losing money. If your leverage is low and your methodology/understanding of the market is very good...

This dip will be bought. Just not sure how low we dip. Could see 4150. Prepared to take a few stabs at this until I get it right. It will be a slight surprise to me if we don't at least touch 4180 today in RTH. Always a possibillity of course.

Spikey! Grrr...covered for 2 ticks profit on entire position. I was hoping we'd spike higher, but no reason to hold through a counter move. Let's see where this opens. Not touching this until the dust settles, but probably still looking to re-enter long at some point. Possibly 4150 first.

Without NQ participating this breakout seems to continue failing...might be looking at a gap down open after all. I see 4168-69 as some kind of line in the sand here pre-market. As long as that's holding I feel good about the long side. Okay. Maybe writing that out helped. Let's see now... :)

Spikey! Added one at 70. NQ not playing with, yet, and that's a concern. Locking in 1 tick on entire position. I think I'll be happy with 4180 if I get it and call it an early weekend from there. If stopped, I'll probably re-enter. EDIT: Okay. Moved my stop to 66. But that's all they're...

Back in at 66. Tight leash on it. Will add one unit if price moves in my favor.

Everyone and their dog is looking for continuation higher today, so maybe we will be surprised... :) I can easily see a pullback to say 4150 by the Open.

Stopped for - 10. Maybe I was low-ticked, but I generally use 10 points as my maximum. Looking to re-enter here or maybe a bit lower. Not going to get greedy today, so will be happy with 80 or so, I think.

I suppose it could also be relevant if yesterday's move was mostly short covering on a short squeeze or if it was fresh buying. I suppose we'll never know, but I imagine a lot of it was short covering. I still think this is a market that have people getting bullish at highs and bearish at lows...

A central message in this thread is that you should not trust gurus and that most of what you're told is useless. Yet, what is it that most people in this thread do? They only replaced other gurus with the OP and every other expert in this thread - hanging on to their words, searching for...

Yesterday was a strong trend day up on a Thursday. Historically, this suggests higher prices on Friday, but that could come about in various ways. If we open with a strong gap up that could easily be a sell on the Open for a move back towards yesterday's close, but with a small chance we'll see...

Looks like a good bull flag here for a move towards 4200 today. We went a bit too high, too fast, so we can be vulnerable for a pullback or even a reversal lower. I may be early and didn't get the best entry, but I'm long from 72. Will stop out for a small loss and probably look to re-enter if...