Mr. B reporting in.
Another day, another gap.
We closed Thursday's gap up this morning but opened a gap down today.
The NYMO cycle is up, but we are negative below the zero line at the moment.
This could suggest a turn in the works but a corrective pullback to the zero line is common.
Follow through wanted in the days ahead to clarify.
We have a plethora of gap targets below and two targets above. The bears will get their shot at some point.
If my ascending wedge day dream is to come true, it kinda needs to get into gear soon.
I have no idea what will happen.
I am long an SPX runner at this point.
My hedge shorts last week were fails offset in part by scaling out a profit unit on the long side.
Doing nothing for now.
[No Chart again. Getting a internal server error message. Ugh.]