Back and forth ok. Let's keep personal attack and foul language out of discussion
I am long with average price of 1443. I will be adding when we see renewed strength. These additions will be acceptable in my plan as far as the 1218 area.
I was LUCKY on Tuesday that I had already gone back to the longer term trading prior and didn't have a larger position on.
These are the zones I like for buying oppurtunities tomorrow.
Mark these on your chart!
Keep trade size small, use tight stops and prudent money management. This is catching a falling knife with preciscion and skill. Get in on the pullback if showing confirmation or wait for the double bottom.
1360-1363
1348.50-1351.50
1298-1308 last hope for long term bulls...
We could easily have a 50+ point rally from the second zone. I have been waiting 8 months to buy the second zone.
Here is the buying zone I am looking for on the er2...
751-753.75
As stated before, very countertrend, use tight stops and small size. Most likely wait for a double bottom or get in on a pullback or Breakout reversal bar.
Just mark this on your charts! You do not want to be heavily short when and if it hits this zone, just trust me.