Never ceases to amaze me how the ta tells the tale. It was unlikely that we would get to 1262, and much more likely that a ramp had to happen immediately. WAAAy too low on the ndx at this point in the week.
Further, I don't think the bad fade most expect will occur, until after the fed meeting. Then it is going to be one mudder fudder of a fade, imho. We will have about 3 days to collapse 100-150 nas points