The 1080 level is pretty important.
1074 also has some relevance, imo
Let's do this:
Sell 1/3 of maximum position on a SELL STOP at 1086 (spec play)
Sell 1/3 of maximum position on a SELL STOP at 1078
Sell 1/3 of maximum position on a SELL STOP at 1074
If 1100 taken out to upside, we will look again for a swing trade short.
You know the routine: No stops for now.
We are hunting a +100 move to the downside.
1074 also has some relevance, imo
Let's do this:
Sell 1/3 of maximum position on a SELL STOP at 1086 (spec play)
Sell 1/3 of maximum position on a SELL STOP at 1078
Sell 1/3 of maximum position on a SELL STOP at 1074
If 1100 taken out to upside, we will look again for a swing trade short.
You know the routine: No stops for now.
We are hunting a +100 move to the downside.