Stop tightened to 1221. 1st target is 1215. Ideally more Currently resting at the previous day high. Let`s see if that breaks or not.
alternating profit:loss days continues! Beaten up 2 days ago, done really well yesterday, and getting killed so far today, lol.
Smacked. Again. No mojitos for me today. Will sit on my hands for a while now. Economic release coming up in 10. Then crude inventories later.
It is tempting to pick a top, but based on my reading of the charts, the bulls are in control for now. Any attempts to sell are countered with stronger buying. In other words, do not step in front of the train unless you see clear signs that it`s slowing down. The cool thing about the ES that I often tend to forget is that one usually gets more than one chance to enter at the same price. One usually gets time to pick a top as well, so it is better to wait for one to form instead of getting stopped out to infinity before eventually being right