It is one of the great NYMO cycles of all time.
After correcting back toward the zero line last week, we appear to be climbing back into the thin air.
There appears to be a desperate need to own stocks.
We have some gap targets above approaching, and a growing collection of gaps below.
Personally, I don't like how gappy price has been for the last month. It feels unclean.
Of interest to me is the benchmark SPX price at the NYMO high at 2595.32.
There is now a lot of juice between here and there.
If per chance we get a trend change after an OPEX high, there is a good helping of meat available for the bears.
I continue to dream of setting a high that makes a nice neckline for a huge inverse head and shoulders to take shape between now and spring.
But this is only a dream.
Still long. Doing nothing.