So where is the high for today? The T-day boyz sure are buying today. Yesterday`s high looks like a given by now. I`m looking at Friday`s high as a potential target as well or at least 50+, but maybe that`s too optimistic.
Market looks incredibly strong today. Maybe we`ll pause here, but I`m quite sure we`ll see 53 by EOD. Let`s see if we can form any support at the previous day high area or if we bounce off it.
A late long (or even worse, an early long that got stopped out for a lousy profit), can only watch helplessly at this point
EDIT:
The previous retrace from high to low was 8 points, so I would not get excited too soon. Could still head back to 40 and then higher. As we all know or at least I do, the t-day boyz love trapping shorts