Here's where the rubber meets the road at least for now 2660. Market looking very strong here and I believe the daily, weekly and monthly bull pennants suggest higher prices and eventual take out of all time highs.
2660 channel from 4/18
Here's where the rubber meets the road at least for now 2660. Market looking very strong here and I believe the daily, weekly and monthly bull pennants suggest higher prices and eventual take out of all time highs.
Still long 1st leg @ 34, currently have long 2nd leg @56 with a 49 stop. Moving stop to 55.5. I have a 3rd leg queued up, lets see if it can hold up.
Looking for that channel to be broken to the upside. If not today, then very soon.2660 channel from 4/18
Poking above that channel as we speak.Looking for that channel to be broken to the upside. If not today, then very soon.
Moved stop 62, looking to add.L 64
ps 54.25
Breathtaking. I closed out when the reaction off 58.75 was so slight. Had I had access to a chart I would like to think I would have jumped in long for a 10 point trade. 2670 should be the line between a e-test of 2718.50 and a reversal to lower lows. But who am I to judge as I've been a bit out of sync thus far today.
Last add 68...avg short 52.25Add 54...avg 47