Too big of a gap, yes? Shorted 4101. 1.5 point stop. 10 point target. EDIT: Stopped for 1.5 point loss.
Looks like higher for now, but maybe a pullback to around yesterday's high on the Open, so waiting for that and not chasing this here. Personally, no strong bias for now. I can see this revert back inside yesterday's range and possibly make a new weekly low as well, so not getting over confident either way today.
Strong open and no selling yet. Tough to chase this. Tough to fade this. Would assume higher as long as 4110 holds. Maybe 4135/50.
Looks like 4150, doesn't it? I'll take 4140 for conservative measures if I can get it. Maybe the weekly 50 % at 34,25 could trigger a reaction lower.
Flat at 39.75. Easy market this morning. Let's see if we hit 4150 from here or if we'll back-fill a bit from this area. Hard to say. Taking an early weekend here...