13 replies to this topic

[redfoliage2]

More likely a gap down tomorrow .................

Edited by redfoliage2, 03 January 2018 - 04:18 PM.

[salam]

I

More likely a gap down tomorrow .................

I disagree looks like a 3 gap up play; gap up tomorrow to 2725-30 area then consolidation for a few days.

Sell the news has evolved into buy the mania..... Dow 25k tomorrow .

I made some beer money on the long side today. I’ll post if I see a good short set up, but buying the break above 2700 with a stop at 2697 was the play today

[redfoliage2]

I

More likely a gap down tomorrow .................

I disagree looks like a 3 gap up play; gap up tomorrow to 2725-30 area then consolidation for a few days.

Sell the news has evolved into buy the mania..... Dow 25k tomorrow .

I made some beer money on the long side today. I’ll post if I see a good short set up, but buying the break above 2700 with a stop at 2697 was the play today

 

I'd not be surprised at all if it gaps up again tomorrow as the momentum is very strong though internals not matching up.

[salam]

Champagne chilled and ready for Dow 25K

 

Will it be an exhaustion gap or top of new Jan trading range?

 

Latter methinks. I have a small long from yesterday which I plan to close at end of trading; time to short tomorrow!