Here are the levels for today. Possible 5 wave move completing in the 1440 area. Any confirmed move below 1424 will probably result in another bear move.
We have contact with R2.... get out of your longs now. We will probably get a retest and possibly move a point or 2 higher but I would seriously consider putting stops to breakeven if you are long
We have contact with R2.... get out of your longs now. We will probably get a retest but I would seriously consider putting stops to breakeven if you are long
We'll see... I trade like 1% of the trading community. Nothing is certain in this business, but high high probability it doesnt get to 1444 today. This could be the start of another weekly decline, just may need to get the stops above 1440.