Stock, Option and Futures Trading
Did you see this video?
This video was back in 2011 when the market was falling and everyone said the DOW was going to 4k . I said if the market pulled back it would be a good long and both the DOW and the QQQ both pulled back into the support we were looking at them made a move to break the prior highs. The wave from the low noted in this video is still in play. We were called crazy for even saying the market goes back to the highs let alone 17k on the DOW.
We still have to see if we get that high but the DOW is up 2600 points from the low and it could continue higher. The next few days will be important but even if the DOW pulls back to 12,500 it is still bullish
Here is the video – http://360optiontrading.com/market-update-video