Tuesday, January 5, 2016

NDX100: "4267 Gap 'beckons' (S&P500 Gap @ 1951); that's where we're going in January."

NDX100 Daily Chart @ Close 01/04/2016
Whilst we Closed out our Tactical Short waaaay too early; for the sake of transparency THE WEEKLY (01/01/2016) made absolutely clear what our View was/ is (see post title).
That said & Monday's Trade has left an Indecisive (yes; indecision from the Open/ Close even with 2% losses) Daily Chart Pattern.
The LARGE Gap left behind from Thursday allows for some R&R higher before the assault upon 4267 resumes.
Matters Sino Job #1 of course & 'Ground Zero', how/ if/ when they re- open Stocks so so important now..... may we live in interesting times?