$30,000 Millionaire said:
I obviously missed the overnight move. I don't like this. Maybe it rips higher and doesn't come back. Maybe they punish the new longs this morning. I don't know. When you don't know what to do - do nothing.
This is a classic move… they dumped retail from the top on the fed meeting/Ukraine fear. Now they re-enter overnight before retrial can get back in.
Not going to ATH just yet but I think their target was met on the low and they they proceed to run up retail again.