Guess what happened? The Wednesday Market tanked and today, we regains its momentum back. We saw lots of buying on Wednesday at 187.80 level and today we broke that level to a high of 187.94 after hours. With huge Call Options being purchased today, and with OPex we should see a momentum towards 190 tomorrow. Our range is 187-189 on Friday. The Market dictates where it wants to go based on the amount of Options they own, not what Yellen says or what the economy is doing. Today, we verified that to the upside and we will ride this trend.
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