Yeah, last week I thought we might see a downside reversal on Monday, but over the weekend I could only find 1 decent-looking short setup (NFLX, and not even all that great) from around 75 equity symbols, which didn't trigger and got invalidated by yesterday's action. So looks like more upside for now.
Overdone to the upside this morning at 2730. We should at least get some pullback before resumption of uptrend.---and worst case, reversal down intraday.
2714 now established as new short term floor. Any breach of that could signal reversal down. I'll be looking at that area to hold though for a buy. We are at 2729 now.
Longer term, beginning now to look like we will make it to at least 2800 on this run. Long is my thought---.