Quote from gmst:
it is not a great predictor but fwiw, we had 8 green daily candles in a row.
The way it is selling off today, seems finally we will have a decent size red candle by 1615 EST.
Btw, I am short.
Quote from Trvlwanderer:
How much room are you willing to give it?
I ask because the 1490 to 1500 is a nice area to pull in shorts and then pop it well over the top. The 1500 will get a nice media boost as well.