Indecision???

Well Traders, even though the $NDX was up almost $5 points, the "spinning top" candle formation may indicate some indecision.

There has been a slew of bad news recently and perhaps some of it is starting to sink in? Technically speaking, I expect the $NDX to continue upward until the STO and MACD tell me different. How much, and how fast remains to be seen.

Time is not on my side yet, and I could really use another good down day to maybe check out early, or at least give me some breathing room with over two weeks left until expiration. That break may come next week, which is options week, and is typically a down time in the market. We'll have to wait and see what happens.

Happy Trading!