long 55.50, stop 53.25, target ??? maybe HOD, maybe 67
Gap between 48 and 53 , yes. Although the 2 gaps below really combine to make 1 gap of about 4 points from 19 to 23.---Quick reminder----gaps do not have to fill. They just do a lot of the time.
I would think we need to firmly establish this 2757 number as new floor to get there. We are still constructing here.Reversed 56.75 (now short) stop 60.75
EDIT: Obviously out. Dumba$$ move on my part - long for 65 to 67 is the play for me now.
Gaps need to be viewed on daily charts. The day has already been won on this subject and I am on to other items.
I don't look at VIX. Do you prefer green or red and why do you think it should be red today?Vix is green.
Barely, but it should be red today.
Now that the day has been won on gap analysis, I would welcome other items to discuss, like risk management etc. or today's pullback which should present a great opportunity for a long lagter today or tomorrow.---I really love pullbacks in an up-market.
Vix is red...has been red...which extends to why we have been green since 12.2018Vix is green.
Barely, but it should be red today.