Friday started off very promising for the bears, with a break below the significant support zone of 1285; however the bulls were able to get the market back above this zone before the close. As I wrote on Friday, everything that happens between 1…
NQ 1268 +24.75 +1.00% Nazcrack been jamming all day. The main driver is AAPL getting reiterated, saying AMZN Kindle isn’t all it’s cracked up to be, plus the old four horsemen INTC MSFT CSCO are showing strength.
Nazcrack futures hit a low of 2310…
Yesterday, we violated the price channel to the downside, but then we had that hockey stick WTFRFH rally in the afternoon to push us back up comfortably into the price channel. Overnight, futures were killed back near bottom of the price channel, but…
It was quite a fireworks display—the kind of short squeeze that often occurs the Monday after options expire when a market has been rallying for…