Spike up in futures

bought the Q`s premkt at 36.03..put out my .25 bracket and forgot about them. Get lifted at 36.28 and watch them trade up another .50 ,,,,,,,,,,,,,,, F me for not being a pig
 
Quote from Ditch:

The top. How did you pinpoint that?:confused:

Look back at tuesday's trading, there is a resistance level at 1135.00 which the market could not breach despite several attempts. Also the buying seemed to get a bit panicky just now, like the shorts were throwing in the towel after the big rally up, which usually indicates a top is near. The blowoff spike up plus the resistance level were enough of a reason to go for a quick scalp IMO.
 
Quote from Ebo:

It never traded through 33.50 on the downside!
Stop paper trading please.

I have a fill buying at 33.25 at 16:29:27, thanks all the same.
 
Quote from Cutten:

Look back at tuesday's trading, there is a resistance level at 1135.00 which the market could not breach despite several attempts. Also the buying seemed to get a bit panicky just now, like the shorts were throwing in the towel after the big rally up, which usually indicates a top is near. The blowoff spike up plus the resistance level were enough of a reason to go for a quick scalp IMO.

Cutten, good observation. Just before the top, especially NQ made a parabolic move.

Chinook
 
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