Alright. Yes the Jeffersons - they're movin' on up!
Google it you don't understand - its was 70's Sitcom about a family 'Movin' on Up', and that was the theme song. That was theme song performed by Jan'et Dubois.
So the Nasdaq moved up almost 300 points from its lows of the day.
The ES moved up about 40 points from its lows.
While the ES took the time to move value up to 4475 - the Nasdaq did not, frankly this is a bit odd. This means todays point of control - the most popular price is sits 15094.
This also makes it a target. Doesn't mean we go there tomorrow - but we're going there.
The DOW and Russell both finished down on the day. Its sometime not nothing.
Frankly they ramped the heck out of AAPL - to get there. Passing my target by a dollar or so.
This helped both ES and NQ stay green.
At the top is the RSI with volume divergence indicator - on Friday there was volume divergence, and today the RSI shows there is even more divergence.
I think as retail we underestimate the importance of running stops to big players - they need the contracts and shares to achieve their goals.
Three obvious points of control below. nothing above.
So the Jeffersons were not really classy - and neither is not bringing value up to the close (or close) - it always means something.
I've been monitoring Dark Pool prints and the algo tells me -at the close they were negative for both NQ and ES.
