Stalking a good long entry here. Buy stop at 58 if I don't get it. Choppy action, but buy signals are coming in here. EDIT: Filled at 58. Flat at 55. -3,0. I don't want to use a large stop as we're in a potential major reversal zone here. Could break both ways. But still leaning long and will probably re-enter. NQ weakness is a bit concerning...
Taking another stab at last week's High here. Next level after that is 2871. Should be interesting to see what happens if we clear out 71 today.
Yes, I did get robbed, but also got back in at 56,25 and currently hold that one B/E. Targeting a breakout of last week's High and then 2871 if we break above 2860. But I believe it's a possibillity we can reverse lower from here too, so playing carefully here. Thus not willing to use a large stop.
Any takers? The mother of all squeezes or nothing special? Closing in now, but no real momentum in this market yet.
We have 65.75 HOD (overnight) Then you have 71 I have 85-ish Scalpers' paradise OK for buy and holders (we're grinding up) / long swings Bad for Schizo (my heart goes out to you) A nightmare for momentum traders