Quote from riskfreetrading:
If at 9:30AM, the cash session opens higher than Friday's high, I am shorting it. If it opens below that, I will watch carefully during early minutes. The latest I should know if I should short it hard is around 10:10AM.
One thing is sure, I will not go long tomorrow. I am looking for shorting when I get the first signal.
If if gaps down (below Friday's close) at open, then I will wait for a rebound to join my friends (the bears).
What do you think (particularly if you are now bullish on NDX and the market)
PS: when I write NDX, I mean everything that relates to it (futures, QQQQ, etc).