Quote from trackstar:
75 percent chance for an upday
Quote from volente_00:
on the first down day, the smart money is selling
on the second down day the semi smart money is selling more
on the third day of the move, the dumb money is puking their long positions and shorting late to the party as the smart money covers
On the fourth day, the dumb money will be forced to cover on the orchestrated spike to distribute more.
The high / low for the week on OE is often made on wed as well.
WATCH OUT FOR DEMTDAYBOYZ as a move to 900-903 is likely
Spy options pointing to 85 to 90
