Bullys got there 33-35 ... Standard Friday procedure.... walk up north in a weak market providing a comfortable short entry position to carry over the weekend into Sunday night/ Tuesdays session!
What do you mean Sunday night/Tuesday session? There is a Monday session! You get only 4 hours off! AHAHHAH!
covered 1/2 here @ 00.50…. +29 Remainder SS at even 29.50 They love to steal the move south on holiday Mondays … after Friday ramp north in a weak market!
My line is 3795, it is the 50% fib line from high to low. Unless it is solidly forming bottom, I will trade around this line. In June I made 115 points in total, very small bites with tight stop loss.
Perfect example of stealing the south bound move off of an extended weekend /holiday Monday …. Unfortunately they ran the stops up top on Globex thinly traded markets….
Now that they’ve cleansed the stops up top… we can cut thru 3740 like a hot knife through butter & continue south bound here… any lift shall be considered a gift…..
Sold 69.75 ... 8 handle stop Stop lowered to 75.50... Back in at top of range.... Bullys looking to put in a Cup N Handle on the 5M.... & flat again at even... time to observe the lunchtime chop