On a day like today, watch for a reversal the day starts out super strong, then turns negative and closes on the lows with 2x normal volume....Not turning bearish, just keep your guard up. Beat them from the inside out.....from the inside out.
All data points are positive, stocks about to make all time highs. So what the FOMC going to say next week.....we love bubbles.....They need a data point to back up there sit on our hands approach
Yesterday the VIX was up 8.40% on the cash open. Futures where down 0.24%
Today the futures are up 0.20% and the VIX is down 1.45%.
Remember in a rising market the VIX will typically gap up 5.00% on Mondays, regardless what the futures are doing.
7781 all time high for NQ. Should surpass it and make a higher high. All the talk for poor earning may have been a complete farce, put out by the financial media.
You know the drill easy money is made in the night session. Buy the cash close sell the cash open. Odd are in you favor....The US day session during this time of you is a waste of time.