So much for the relative NQ weakness holding back the rally....as we nonchalantly bid up through the 62% today (daily)..
Going for 2950, yes? I still think the gap at 2970,50 is a likely target today too. But not playing it. While the trend is very clearly long - I'm too nervous to enter from here as it can either reverse or experience a deep pullback before resumption. Live to fight another day.
This is of course very true. Also, you are smart to remove your stops in over night swing trades so low volume does not take you out. If you are trading 100 - 300 point moves which I don't there is no reason to have an over night stop.