Consolidation day IMO
Unless we do get a Major terrorist action I think that we consolidate between either 8500-8600 or 8550-8650 tomorrow. That will depend on whether we have an Open above or below 8600 in the AM. Interesting that the DJX Max pain is at 88 but the DIA Max pain is at 84. That would leave us trading close to 8600 IMO. I am not even going to go into a scenario if there is a Major attack. I am sitting on all cash here and believe that may be the Safest way to be here. Long term I am Bullish here and think that we may have seen the Bottom and are stairstepping up to the January Effect already.
Have a Great Evening Everyone! :^)
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
Unless we do get a Major terrorist action I think that we consolidate between either 8500-8600 or 8550-8650 tomorrow. That will depend on whether we have an Open above or below 8600 in the AM. Interesting that the DJX Max pain is at 88 but the DIA Max pain is at 84. That would leave us trading close to 8600 IMO. I am not even going to go into a scenario if there is a Major attack. I am sitting on all cash here and believe that may be the Safest way to be here. Long term I am Bullish here and think that we may have seen the Bottom and are stairstepping up to the January Effect already.
Have a Great Evening Everyone! :^)
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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