Had I started this trade as a swing trade, I would still be in, but I already have a swing long on. --I'm using PRM.
I'm not seeing anything at 18. I do see the next hurdle to be 31. Not sure what you are seeing at 18.
just a fib calculated off the 28th high and yesterdays low. Markets don't have to tag specific values. For example, 96. We hit that target last night, the high was 92 and we found support in the 66 area. however we dipped below that point, but the 1mn bar closed at 67 and up from there. (I see now what you are seeing. Not something I follow)
Looking for PA to Coil up next few days & trade into an apex before the explosion move occurs. Resist should be well under prior swing hi at 2780.... R present @2740-2760 range.
Days like this that ramp up overnight do not make a good trading vehicle for longs until some pullback occurs.
I am looking for us to stay above 2714 and I wish to take a long later this morning or this afternoon.