A tad overstretched. We need to see some healthy consolidation before the next move up. Obvious resistance is 580-585/600 level.
Likely will see profit taking going into next week unless the bulls continue to push this up. Super overbought and parabolic-like.
Flagging here. Need to see options flow.
Notes on chart. Weekly still looks awesome though. Not a bad idea to take some profits and trail the rest.
50 daily. Typically gets bought here...but might take awhile...so if using calls, try further out. Seeing some s-t puts being STO this AM. Was a balanced profile day as well yesterday around the 60 area.
It was a balanced VPOC day as well yesterday around the 4 area. Round numbers baby.
Flattening moving averages, 50 day approaching. If we get over this, might be beginning of uptrend. Some April 5s bought today.
If you invested in 2000 and sold in 2009, you've made 0. If you bought in 2000 or 2009 and sold today, you've made 16%. Hooray for daytrading markets.
24k calls vs 3.3k puts so far.
Ukraine was first....of many? Or, Maybe it's just Econ 101.