Traders- A quick session recap for today before next week’s plan and thoughts are published tomorrow. My primary expectation was a trend day above 4707/4710 or 4667/4675 AND a range bound day if we opened or remained below 4707 and 4667/4675 per the trade plan for today. This is exactly how it went down. The open was at 4699. The HIGH of the day was 4707 and the low of the day was 4670 (range trading parameters)
Hi Tic! A question. We nearly closed the gap on December contract (vs Thu close) but left 2-3 points to fill. Some who already rolled over to March claim the gap was filles with March contract (but looking at Dec levels).. does this make any sense?
On SPX there is still a gap..
On the other hand, while the gap was (?) filles with March contract, the tape got light with bida and market rallies to 4700+
Thanks for the warning on NVDA. Cut a little too late, but definitely saved me some pain!
Hi Tic! A question. We nearly closed the gap on December contract (vs Thu close) but left 2-3 points to fill. Some who already rolled over to March claim the gap was filles with March contract (but looking at Dec levels).. does this make any sense?
On SPX there is still a gap..
On the other hand, while the gap was (?) filles with March contract, the tape got light with bida and market rallies to 4700+
So did we close the gap or not?
Thanks Tic! I noticed TRIN today as well, what a beautiful thing. Appreciate you! <3
Gracias
Thanks, Tic. Would you jump out of RBLX or NVDA at this point or wait to see which way trend develops next week?
Have a nice weekend Tic!