News got the pump bulls needed pre market. That was my cue to go to bed and leave it be.
SPX gapped over a couple of key levels.
Opex often brings the catalyst for turns in the market but holding a leveraged ETF into the weekend (without the ability to exit) is too much of a gamble for me.
However fortune favours the brave so good luck.
I'd still keep my eye on that 5475 level - if bears can reclaim that and the 50dMA just below then you're laughing.
If bears drop the ball then have some lube ready...
PS the key level on NQ is still quite a bit higher...
.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-16777
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Last
8,738.7 |
Change
61.500(0.71%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,677.2 | 8,740.3 | 8,677.2 |
| XJO (ASX) Chart |