ajtj99's Market Pulse

[ajtj99]

I anticipated we'd be up into Friday, but these huge moves early this week may speed that up a bit.

I've got to believe we'll re-trace next week. The Nikkei has an inverse H&S formed that targets about 11,000, or about another 15% up from here, so the US indices may have some room to run still this week.

S&P round numbers are the big strikes on the options chains. 1100 is the first. Of course, you know they're going to get the Dow up above 10,000 this week.