Remember this chart pattern I posted earlier? That's right, it's called DIAMOND. It's shattered to smithereens and now we'll be heading higher. And if you know your TA, you would also know where the target will be.
I'm sure this market have a lot of people scratching their heads. LOL. I don't know my TA. Care to tell?
I put on this trade as a scalp intended to hit 81 or so, but when the market just kept going above my target, I decided to just hold it and carefully trailed it after a while. Pure luck. This was the trade I hoped to hit with 3 contracts earlier today.
I think you're supposed to project the first run up onto the 2nd, which imo would be the rally starting at 3/28. That puts us at 4300 spx by next week.