Would have made some good coin on this one, but I really didn't want to stay up with the teenagers last night and watch for proper time for exit. I figured I would just pick it up today. The youth weren't able to push this thing and hold it down at limit ----I believe that that is very telling.Out at 2302.00 for 13 pt gain.
We've got reports out now that state that the US economy will contract 14 percent in tyhe 2nd quarter of 2020. --And yet , we don't have a huge sell off today yet. This is a good sign that there is value here.
Out at 2363.00 for gain of 32.25 pts.Bottom holding well right now. Long 2330.75 Initial stop 2308.00
You have not posted one short trade. That makes absolutely no sense, whether or not one believes in a recovery. Why?Long 2371.00 Initial stop 2198.00 ---will raise this fairly quickly. I'll never allow it to drop that far.