Quote from Spectre2007:
I've been looking at everything over the weekend.
I might throw in the equity bear towel. The short time interval between now and next spring, may not be enough to break the 1380 level.
Market may be looking to break the 1580 level instead, the buyers looking to buy it cheaper may not get that opportunity.
Instead the market will be bid up as spring approaches, and eventually breaking up above 1600.
Quote from optioncoach:
I will go to bed with a limit order to buy at 1475 if it dips in middle of the night low volume silliness. Will keep a 10 point stop IF filled looking for something close to 1505 if we get a pre-fed rally and some economic news that supports whatever the market wants![]()
Quote from Spectre2007:
marty schwartz in pit bull, if a market gaps up and fails to come down after 3 days, then trading in the direction of the gap is of higher probability.
I would give it a test on Monday where it closes.
also notice the PA in AH is bearish...different from previous sessions. Some statistical algos trading it on the bearish side now.