LG- Don't know if we are going to fade here...and then rally back up to highs....or just fade some..
But I am expecting an up morning tomorrow....after breaking the 3 day hex...however, I would expect that up morning opening to get sold, and for us to finish lower....
After all, we've come a long way, in, gulp, 3 trading days and an hour......taking 2646, that would be 15% move...time for rest, backfill, consolidation, whatever...
My question: Are you expecting a spike up tomorrow, putting us between 2646-2700.....or do you think the buck stops at 2646?
I am reckoning that we test (at least) 2646 ONE MORE TIME...either today or tomorrow....we seem short-term overbought...but its been a nice move, and I figure it won't be given up without a fight...hence, bouncing off some resistance level more than once....2646?
Your views here? |
