Nasd 100...Didn’t rally high enough. Pit Futures (U.S. Session) need a close over 3800 for an ORH day .
EWA & ASX 200 Put in ORH days yesterday and look ripe for more gains.
Oil… held a retest of the ORH break out @ 82.45 and needs to remain above.
This will help with the overall bullish case for the Equity Indices.
NFLX…can rally into the high 390’s before running out of short term steam.
GOOGL...could easily rally to 558 before the close by electing the resting buy stops above today’s ORH # @ 544.
If not, you’re looking at a coin flip for direction all based off GOOGL after the close.
Tighten up you’re risk on whatever holdings you’re involved with.
Those of you who have this in your portfolio should look at buying some 500 Puts that expire tomorrow to protect your position, especially if we rally hard into the close, the insurance will be reasonable.
We will see what happens late and how traders wish to position themselves before this afternoons earnings
Right now everybody seems content to wait.