Agreed.
This is a tough area of expected chop. Expanded out another 10 points is an even wider band.
Tough conditions for scalps and the need to keep losses low. Very tough.
Strong resistance band on ES...wide stops (3-6 points) may be needed as we chop in and around this area.
Finnies and trans both stronger than the indices.
Might see a continuation if it pierces 1418 area with any force, but always cautious of shorting when the big Hand has Billions to create conditions.
Calling it a week...have a great weekend all.
:cool:
Quote from Trvlwanderer:
L 1407.75
TGT 1427-1436
Stop at 1399.
trendline
stop moved to 1396.75.
Needs a bit of room.
Added at 1402.50.
Stop remains
Stop moved to 1407.50
Target moved to 1413 or eod.