Probably some covered calls XJO 110 or 105%. Don't really see the XJO climbing much higher given (1) interest rate outlook remains negative as inflation hasn't been tamed. Rates could still go a couple more hikes especially due to wage increases. 2) resources haven't rallied as china stimulus isn't as much.
Aggressive trader would short here no?
What say you?
NQ (can check 1 min ticks) has fallen on heavy volume.
Volume is now low before market open so looks like a big order has finished.
15 mins more should rally on low volume until market open
30 mins left to trade.
Expect rally to about 15090