I'm long 2 lots from 4440. Momentum seems to be down though right now. Am planning to add a 3rd at 4419 if keeps sinking. (First foray on Emini.)
Might be better to stop out and re-enter at lower prices if the market breaks? 4419 is last week's low. I would guess we exceed that if we trade down there.
why long? cpi is coming wednesday, any surprises either way are not going to be much on the upside. 7 pts 41-34 vah to poc.
i do see the double top on the daily but i guess im trading the double bottom of the 60 min for 40 or 50 points potentially.