I am just saying that you need to keep relatively tight stops. Being on the wrong side of a range expansion/trend day is a great way to blow out especially trading futures. Good luck today.
I pointed out the 3 reasons on monday in the 880's, but isn't it quite strange if 47 ends up being right around 10 points lower from yesterdays reaction low which would give a 4 th signal from that level ?
Support at 846 and 835 Will build a long position in this zone. Break below 830 brings 800 very very quickly.
42 - 47 cash is the number. Like a spring hanging off a bridge with 1 million pounds pulling it lower and lower until the weight falls off and slaps the spectators above with the recoil.
It's only good if you made money on it. Everything else is just pumping the ego. But actually I am disappointed. My numbers come from cash, and so far 47 has not been hit.