Overnight futures session 10-11-07 Jam up

Not tonight, I think we're gonna see some red in the morning, too many dip buyers in the last 30 minutes for it to gap up tomorrow AM.
 
Again, since we only dropped back to the prior high, i would think that we have some more pullback ahead before we push successfully through the 1550 area and remain above it. Anything is possible, but markets usually don't just rip through prior highs on their first attempt and never look back. I have to think Proximo is most likely right.
 
Classic short term dip trap for those getting cute. . Get comfy under 14k DOW tomorrow and next week before the next leg up. Market needs to blow off some steam.
 
Quote from makloda:

You still long those 20 ES bro or you got stopped out?
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He will only post the exit if they rally, otherwise just another Mini-Me Paper trade.
 
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