Don't Fire Until You See The Momentum in Their Eyes
Bunker Hill 1775, Boston : "Don't fire until you see the whites of their eyes"
Whether or not it was actually said in this battle, it was clear that the colonial military leadership were regularly reminding their troops to hold their fire until the moment when it would have the greatest effect, especially in situations where their ammunition would be limited.
The analogy to the above referenced quote applies to NEM. Buy when it will have the greatest effect. That's when momentum returns which would be trades above 34.19 this week.