It continues to move upwards till the close.
I guess all the participants were eager to buy the market because of 'after effect' from Sandy (hurricane) that batters the east coast especially in New York where the market seats.
The best entry is to buy the market in the open and exit before the close for a no-brainer trade?
This trade setup is a predictable 'kinda' move considering the market was closed the past two days due to the storm and the market was initially opened last Wednesday.
Most participants were still out then (last Wednesday) that's why the market move erratically on that day.
Come Thursday, all participants were all pumped up to buy the market that's why it surge in the open.
The market is a study of human behavior, and it's important to monitor the market sentiments.
Read the minds of the market is all that matters!
