/NQ about to take off..now

G

Gasparov

I think /NQ takes off here for 30+ points straight through noon or 1 PM (PST).

Good luck any other longs.

Let's hope I'm right!
 
The SPX' TRIN has been ferociously low all day (0.55-0.65), and the ES volume looks more like a pre-FED day. That *could* be a coiled spring keying to pop UP; but to be fair, it could be that it's "smart money" refusing to buy. I'm positioned 1.5% north, and do *not* want to plant anything south....... so my Fear sez it's a pop going north.

But certainly, the ties between SPX and NDX will take it north, too.

2pm!! What're they waitin' for?!?!?
 
tommcginnis said:
The SPX' TRIN has been ferociously low all day (0.55-0.65), and the ES volume looks more like a pre-FED day. That *could* be a coiled spring keying to pop UP; but to be fair, it could be that it's "smart money" refusing to buy. I'm positioned 1.5% north, and do *not* want to plant anything south....... so my Fear sez it's a pop going north.

But certainly, the ties between SPX and NDX will take it north, too.

2pm!! What're they waitin' for?!?!?
More...

Right?? I'm actually shocked /NQ has not hit 5680 still..no major events today or anything and it looks like there's literally no volume the last hour or so.
 
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