3296.75 was the high in

    SPXU 120 min

    Posted by stevieb294 on 14th of Jan 2020 at 10:02 am

    3296.75 was the high in the overnight market. Pretty damn close.

    yeah well in my experience

    Posted by matt on 14th of Jan 2020 at 10:05 am

    yeah well in my experience over the years the cash markets are king. It's the cash market that wants to test those psycholoical areas, it's what shows up on news, CNBC, laymen, not the futures

    again the big question is

    Posted by matt on 14th of Jan 2020 at 10:19 am

    again the big question is does cash SPX try to test it now, or get a nice pullback first then re-test it later on.  I think 3300 is inevitable , but doesn't mean it tests now, but eventfully. 

    and we should all want a pullback, it's healthy. plus a nice pullback before earnings season is probably a buy into earnings season

    price action is what's important in the short term, and a small wedge to monitor on SPXU

    agree

    Posted by stevieb294 on 14th of Jan 2020 at 10:06 am

    agree

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