You might want to recheck the title of this thread. By the way I am an expert on stamp collecting, does it count for anything?
We are now getting into the territory of 2570 that I have talked about. Short 2571.00 Initial stop 2577.00
2530 to 2570 range is what I believe. I may have taken my short too early--we'll see. ---Post fed I think we rally.
What's your rationale unless it's a secret? I get the feeling that many of you guys watch trend lines, channels and MAs, so I wonder if that's what's used to derive these kind of targets. Structurally, this price development suggests an 'up day' at this point and would favour a new HOD from here by the close. But it's a FED day and I still have a down side bias, so who knows what the day will bring.
ESU... Significant Fib Con Zones... These are conservative entry zones for shorts! R1- 2592-2599* R2- 2611-12* R3- 2631-38*