So whats with this overnight drift up, seems to start around 2:00amcst and floats up on no volume.
Quote from EqtTrdr:
happens each night... every single one.
Someone comes out and juices the index futures on absolutely no volume.
Just seems like the market is not allowed to ever gap down overnight..... ever
go back 2 years and count how many times the market gapped down on a Monday.... less than 20% imo
something seriously wrong with that picture. Even during 1999 market would gap down huge-- not anymore.
Also we have gone the longest number of days in the history of the stockmarket without a 2% down day in the SPX-- in fact we have doubled the previous streak of days
smells kinda fishy if ya ask me
Quote from BoyPlunger:
I thought we had 100% up room to go cachingo?? No? Your target of sp 2200 won't be reached?