Baron
ET Founder
No.
No.
on the topic of options.
Out at 2572.50 for 3 pt loss. Was incorrect for the time being on the direction there.Short 2569.50 Initial stop 2575.50
Out at 2572.50 for 3 pt loss. Was incorrect for the time being on the direction there.
We are now getting into the territory of 2570 that I have talked about. Short 2571.00 Initial stop 2577.00I am not looking to short now until we reach 2610+. All long setups for the time being.
2530 to 2570 range is what I believe. I may have taken my short too early--we'll see. ---Post fed I think we rally.pre-fed slop
I am not looking to short now until we reach 2610+. All long setups for the time being.
What's your rationale unless it's a secret?
I get the feeling that many of you guys watch trend lines, channels and MAs, so I wonder if that's what's used to derive these kind of targets.
Structurally, this price development suggests an 'up day' at this point and would favour a new HOD from here by the close. But it's a FED day and I still have a down side bias, so who knows what the day will bring.