Looks Like someone just got their wish for 3305. Im holding my long and will make a decision at 6pm Eastern based on what the CHART decides to tell me.
Right now alot of traders are thinking SHORT and nothing is wrong with that but only go for 5 to 10pips max
There may - I say MAY be a battle between 3306 and 3292 - if there is no battle then Im looking at 3318 -
If it gets to 3318 then there MAY, I say MAY be a battle between 3318 and 3306 - if there is no battle at 3318 then Im looking at 3340.
Then there may, I say MAY be a battle between 3340 and 3318. If there's no battle then the rest is history - Bulls Win - nonethesless, you have to stay sharp and LISTEN TO THE CHART and not your HEART.
AT 6pm then 9pm then 12 midnight eastern will be the 3 decision making hours as to what the market decides to Share. Sitting tight for now.
Congrats with your trade if you closed it.
Sitting tight.