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jimkane
Rep: 3,058
Posts: 33,089
I'll just toss a crazy idea out there for Thursday. I'm guessing the GLOBEX high will be right around that RTH high so far for the 'bull', around 842 or so. Keep in mind, the ES is trading 826 and change right now. Maybe this doesn't happen, maybe we go down overnight, who knows, but it's all about GLOBEX right now. Heck, I'm even thinking I may just stay up nights and give up the day session. I'm hearing other traders saying that, too. Maybe with the holidays we won't see the move I just mentioned, but if they come for it, I think they'll shoot for at least there. This is less based on my chart technicals than it is based on the way they wanted it into the close, and after the close, and the GLOBEX action as of late. We'll see. Long with a trailing stop off that little 5-min ABCD doesn't sound so bad right now, though.
JI
jimkane
Rep: 3,058
Posts: 33,089
TF going out incredibly strong.