First day is marked by mutual fund buying -- creating major unstability with a massive gap up of nearly 2% on /tf and other markets.
first trade of the year was to dump some MSFT in premarket.
financials up huge. BAC +3.3%
most disturbing: /cl up 1.6% to 93.36
gold up big.
U.S. is set to issue more debt, create inflation - market bullish up to a point.
/tf 866.9 +2.26% Massive!
steel, coal strong on upgrades and China data. Absolutely everything pushing market higher.
/tf 867.5 +2.37% best gap up ever? Another 'off the chart' day. Happening all the time now.
8:50 -- 1 min gravestone doji. Very small signal -- but minor top here? on /tf
9:16 30 tick retrace - high vol. gravestone doji is always tradeable with tight R:R.
advn-decn +2460 -- stellar.
Dow +229 at 9:41
Dow +262 ragefest.
GDXJ -- best etf +4.6% inflation!
/tf -- breaking lower 866.6 advn-decn topped out.
AAPL 546 -- sell the gap was the play of the day.
intraday slop... just going to whip around and take out tight stops.
/tf -- fading a bit.
Fib target retrace: 865 then 861.8 for today. Risk is $80 for maybe $200
-- moved close to first fib -- ramp into close -- new highs -- This Abnormal Days break most rules. Stick with ADVN-DECN - - all dips are buys on Rampage Days.