Well we had a really fast runup and a decline of truly miniscule proportions, I haven't even gone into scalp mode and my OS-OB indicators are both nicely OB.
I have no idea what is prompting all of the bearish talk.
That said, I think that the current external events could push the markets down to the point where we may see another test of some of the IT bottom signals that we saw a few weeks ago.
I am 2/3 long NDX for Monday. Should be in the sectors, but was anticipating an initial scalp entry back on Thursday.
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