Large Range within a Friday where a Fill higher should not be discounted.
3 Drives to the Lows and a Hold makes NQ the Standout while ES YM RTY have
given up the ghost.
Unfortunately - it's Friday.
Sellers remain Sellers at the lows.
There are large Gaps everywhere in all Complexes.
Chasing here is a very bad idea until NYSE to 10 AM EST Open.
EU Session compounded the Selling.
There are NO Coupon Purchases today, no need as the Bond Flight remains in Trade.
________________________________________________________________________
Meme Stocks and Bitcoin are struggling, the DX has the potential to Blow off to 97.60.
Dangerous Mistakes will abound today, they always show up at the end of the Week.
_________________________________________________________________________
High Dramas and more certainly to arrive.
200 SMAs have been tested 86 of the last 100 years.
Were this to occur and we continue to favor this into Year-End, it will be decidedly quick.
_________________________________________________________________________
Whipsaws might be over, we won't know until the Open.
NQ is the Laggard to the Downside as the Big 7 remain supported...
The BIG 7 need to break and break very hard.
3 Drives to the Lows and a Hold makes NQ the Standout while ES YM RTY have
given up the ghost.
Unfortunately - it's Friday.
Sellers remain Sellers at the lows.
There are large Gaps everywhere in all Complexes.
Chasing here is a very bad idea until NYSE to 10 AM EST Open.
EU Session compounded the Selling.
There are NO Coupon Purchases today, no need as the Bond Flight remains in Trade.
________________________________________________________________________
Meme Stocks and Bitcoin are struggling, the DX has the potential to Blow off to 97.60.
Dangerous Mistakes will abound today, they always show up at the end of the Week.
_________________________________________________________________________
High Dramas and more certainly to arrive.
200 SMAs have been tested 86 of the last 100 years.
Were this to occur and we continue to favor this into Year-End, it will be decidedly quick.
_________________________________________________________________________
Whipsaws might be over, we won't know until the Open.
NQ is the Laggard to the Downside as the Big 7 remain supported...
The BIG 7 need to break and break very hard.