Quote from jagmot:
Just went long 2 contracts at1216.75 (currently at 1218) as I believe the worst is finally coming to a close. It now looks like the rest of the banks will not let another big bank fail with their 70B lifeline.
My stop is at 1197 and no current target on this one. I expect to close out near the end of the trading day.
If we do get below 1200 and stopped out I will be looking at placing a much small stop larger contract trade with better r:r.
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Stop raised to 1222.